Milwaukee Journal Sentinel columnist Barbara Fischer hits a new low in promoting market extremist ideology over reality with her column defending oil company profits and subsidies today.
She writes the "state and federal government receive more than 50 cents a gallon for doing nothing."
Where does Ms Fischer think the funds for the interstate highway system, the nation's single largest public works project, came from? The oil companies? General Motors?
Between 1956 and 1982 every single federal gas tax dollar was used to build and maintain the interstate highway system.
This $129 billion expenditure directly subsidized the American automobile industry which, as late as the 1970s, was responsible directly or indirectly for one out six private sector jobs in the country and gave rise to the blue collar middle class. It also subsidized the trucking industry which replaced railroads as the main way of transporting manufactured goods, raw materials and agricultural produce after the World War II.
Post war suburbanization, for better or worse, was made possible by the construction of the interstate highway system.
Since 1983 most federal gas tax revenues have been invested in the interstate highway system while a small portion, between 11.1% (1983) and 15.5% (2007) has been used to support mass transit.
In 2006 Wisconsin received over $630 million in federal highway support and $69.6 million for transit from the federal gas tax. For every dollar Wisconsinites pay in federal gas taxes the state receives $1.06.
How does Ms Fischer think that the state of Wisconsin pays for state highways and the maintenance of those highways?
It's the state gas tax stupid!
That state gas tax also funds local transportation aids that help pay for local street and road maintenance, transit ($101 million) and transport for the disabled and elderly ($15.4 million).
That adds up to a whole lot of nothing!
Showing posts with label federal gas tax. Show all posts
Showing posts with label federal gas tax. Show all posts
Friday, May 30, 2008
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