Yippee. I can’t wait to pay more taxes. You?
The White House is mulling a tax on vehicles’ mileage to pay for a proposal to revamp the nation’s infrastructure expected in the coming days, Transportation Secretary Pete Buttigieg said on Friday.
In an interview with CNBC, Buttigieg said a tax on miles driven ‘shows a lot of promise,’ as President Joe Biden’s administration faces pressure to find ways to fund infrastructure improvements, a goal that has eluded the past two presidential administrations.
‘The gas tax used to be the obvious way to do it. It’s not anymore, so a so-called vehicle miles traveled tax or mileage tax, whatever you want to call, could be a way to do it.’
He floated the idea days before President Biden is set to head to Pittsburgh to make a pitch for a $3 trillion infrastructure plan, with proposals to fix roads and bridges while also funding ‘social infrastructure’ to fund for pre-K programs and childcare.