States are scrambling to figure out how to keep making money to funnel into road maintenance amid economic struggles in President Joe Biden’s (D) America.
Officials have historically spent gas taxes on roadways, but “the problem that has developed is those taxes are generating less each year due to inflation, fuel efficiency and the rise of electric cars,” Fox Business reported Sunday.
Now, state officials are hoping to somehow replace those taxes, and charging drivers by the mile and not the gallon in the future is one among several proposals.
PAY AS YOU GO: What the change could mean for your bottom line.https://t.co/UIaA8LxUc6 pic.twitter.com/1DAHnMlTj9
— FOX Business (@FoxBusiness) June 25, 2023