It’s no secret that America’s roads are in trouble.
Our highways, interstates and bridges are crumbling and there’s an estimated $90 billion dollar annual shortfall in funding to make the necessary fixes.
So, now would be a good time to raise gas taxes, right? Gas taxes have been the the main funding source for road infrastructure for decades. Wyoming, and Iowa have raised their gas taxes in recent years and other states are considering it.
But, that may not be a not a long-term solution.