"In order to maintain its road system in the coming years, Michigan will need to come up with another almost $4 billion in infrastructure funding annually, according to a recent report from the Michigan Infrastructure and Transportation Association (the road building lobby!)...
The report included five options for increasing infrastructure revenue. Below is a summary of each:
The report included five options for increasing infrastructure revenue. Below is a summary of each:
- Increase the gas tax...PSC’s second option would be to tax fuel on a per dollar basis, rather than per gallon.
- Increase sales tax by 3%
- Allow communities to pursue local sales tax to fix local roads
- Assess a per mile fee for vehicles
- Bonus option: tolls...