The last 2 days, we’ve discussed why Toll Roads are better for everyone. Here’s the last myth and then we’ll discuss some benefits.
Myth # 3: Why not raise the Gas Tax? That will solve the budget shortfall.
The third misunderstanding and a suggested alternative to the others where people say just raise the gas tax either a certain amount or a percentage of the current gas price. This actually puts the burden onto the poor forcing them to pay more for roads when they could drive on an updated version of their current road for free with less traffic since people will take the toll road to save time. Besides, why would you want to give more money to a state agency who has proved it can’t manage a budget, even double counting $1 billion?
The 2nd half of the third misunderstanding is the gas tax is currently being pulled to serve other agencies within the government minimizing the effect of the gas tax anyways. In addition, rising right-of-way land costs & construction costs add to the burden on the current and any future additional gas tax. If you want this changed, contact your local states representative. Last session legislation proposed changes, but it was voted down and you’ll have to wait ‘til 2011 for it to be addressed again. Until the gas tax is used only for roads, this option should not be considered.
Toll roads actually benefit the gas tax because additional access, roadway construction and every aspect of that construction gets paid for by the toll road financing, which removes the burden from the gas tax freeing up that money for other roads. In essence, it’s as if the gas tax was increased as a result because it’s ability to effect change has been increased as the burden has been removed from it.
So those are the three myths of toll roads and later today, I’ll point out a few major benefits.