Increasing State Gas Taxes Insufficient To Meet Road Projects’ Costs | Planetizen

Inflation and rising CAFE standards mean that there is a finite amount of money Missouri Department of Transportation can hope to raise from a one-time increase in the gas tax above and beyond the revenue it currently earns….But, without additional sources of funding such as tolling revenue (or another major gas tax increase), MoDOT will be unable to invest in any other major projects for a long time to come.”

Read more at Increasing State Gas Taxes Insufficient To Meet Road Projects’ Costs | Planetizen.

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About Bob Voelker

Head of the Munsch Hardt (Dallas law firm) Hospitality & Mixed Use Development Group, and former developer of affordable housing. I'm i
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