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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (393389)4/16/2003 4:11:39 PM
From: Thomas A Watson  Read Replies (1) | Respond to of 769670
 
Yes highway construction.... bulk.ath.cx

LOL another big dig of American's pocket book.



To: Kenneth E. Phillipps who wrote (393389)4/16/2003 5:09:21 PM
From: Sully-  Read Replies (1) | Respond to of 769670
 
"Every penny <of the gas tax> goes for highway
improvement? 100%?"


"Yes, 100% per constitutional amendment. "

Not so. Even when you have a somewhat legitimate position,
you left wingers just can't help but lie, distort &
misrepresent the facts.............

History of the Gasoline Tax

.....The Federal-Aid Highway Act of 1956 established the Highway Trust Fund and stipulated that 100% of the gas tax be deposited into the fund. From 1956 to 1982, the Highway Trust Fund was used solely to finance expenditures from the federal highway program.

Highway Trust Fund revenues were first allocated to mass transit in the Surface Transportation Act of 1982, when Congress raised the gas tax from four cents per gallon to nine cents per gallon and dedicated one cent, or 20 percent, of the increase to the newly-established Mass Transit Account. Each time there has been an increase in the amount of gas tax going into the Highway Trust Fund—1990, 1993 and 1997—20 percent of the increase has been allocated to the Transit Account and 80 percent to the Highway Account.......

See the table below that proves 100% you are wrong.

artba.org

And I guess that includes 100% of state & local gas taxes
too? You didn't specify federal. You simply, albeit
emphatically stated "the gas tax". States & local
gas taxes are not bound to the federal gas tax.

In any event, you are 100% wrong as I have established with
100% irrefutable fact.



To: Kenneth E. Phillipps who wrote (393389)4/16/2003 5:30:23 PM
From: Sully-  Read Replies (1) | Respond to of 769670
 
More proof that the gas tax does not go 100% to highway improvement.............

.....The U.S. Congress passed the first federal tax on gasoline in 1932. States had been collecting taxes on gasoline since 1919, but Congress did not implement a federal gasoline tax until it identified a general revenue shortfall in 1932. Receipts from the federal tax went to the general fund until 1956, and taxes on other motor fuels were added during this period. Beginning in 1956, motor fuel taxes were earmarked for the Federal Highway Trust Fund, which provides funding for surface transportation. Several increases were enacted after 1956, with a portion going to deficit reduction beginning in 1990.

bts.gov