- The Progressive Pulse - http://pulse.ncpolicywatch.org -

New report: Gas tax cap is a bad idea

[1]The good folks at the N.C. Budget and Tax Center released a new report [2] today that explores the pitfalls of capping the state gas tax (an idea that both Governor Perdue and legislative leaders have proposed) and proposes a better way to make the tax more stable and predictable. Here are the main findings:

You can read the entire (4 pp.) report “Staying in the Fast Lane: Gas Tax Cap Would Delay Needed Repairs and Weaken North Carolina’s Transportation Budget” by clicking here [2].