Does the Gas Tax Have a Future?

Richard A. Stafford, director of Carnegie Mellon University’s Traffic 21 initiative, tells VM, “The march of alternative ways to power vehicles (natural gas, natural gas liquids, electric) make any oil-based tax antiquated whether it’s on wholesale or retail and whether it’s indexed with inflation or not.” If that’s the case, we might want to replace the gas tax altogether with some kind of fee based on miles traveled – though we can see how implementing such a policy could get hairy.
More>>