A report by the Congressional Budget Office (CBO), requested by Senate Budget Committee Chairman Kent Conrad (D-N.D.), looks at the feasibility of taxing drivers based on miles driven. To implement the tax, the CBO found that technology exists to seamlessly record and transmit mileage.
Conrad requested the report to explore means of raising money to fund a $556 billion budget request by the Obama administration to maintain highways. Currently, funds are raised from an 18.4-cent-per-gallon federal tax on gasoline and a 24.4-cent-per-gallon federal tax on diesel. Conrad suggested an alternate per-mile tax due to lower revenues from … Read more