If the State of the Union address was any indication, rebuilding America’s infrastructure is at the top of the Trump administration’s mind. An investment of no less than $1.5 trillion dollars is being contemplated to accomplish the task. And while we might all agree our infrastructure is in dire need of updating, there are, of course, right ways and wrong ways to reach this objective.
So, when it comes to maintaining our roads, for instance, doubling down on the gas tax model of the perpetually insolvent Highway Trust Fund by imposing new and higher gas taxes is a profoundly wrong turn.
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