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An Economist Compares Gas Taxes to Tolls for Funding Transportation Needs
Written by Bruce Ferrell   
Saturday, 21 June 2014 08:30

RALEIGH -- Transportation must be funded one way or another and a lot of it is done through those pesky gas taxes. A recent post by the Tax Foundation puts North Carolina as number 9 on the list of highest gas tax rates and California as number 1

An economist with the Tax Foundation, Lyman Stone says some states use tolls more than gas taxes.

 

"I don't know that gas taxes or tolls - that one is necessarily better than the other. Generally states need to make a choice about what's best in their circumstance. Do they have roads that can be effectively tolled?"

Stone says gas taxes can be a valuable tool for increasing revenues for road spending. He says some states instead fund transportation from other sources like income and sales tax.

Last Updated on Saturday, 21 June 2014 08:34
 
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