Star-Ledger Editorial Board-"Vote Yes on Q-2, the gas tax revenue lockbox"

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Star-Ledger Editorial Board-"Vote Yes on Q-2, the gas tax revenue lockbox"

The Star-Ledger Editorial Board has written a strong endorsement for Public Question 2, arguing that a vote YES protects the newly increased gas tax from legislative skimming and interference.

“the need for this increase is irrefutable, and how we use it should be a no-brainer: The new revenue – which finances an eight-year, $16 billion transportation program, and balloons to $32 billion after the federal match is added – would be more vulnerable to legislative decisions without this amendment, because the old formula allows for more skimming from the taxes gleaned from petroleum products.”

The board also notes that, “More than $460 million of gas tax revenue has been diverted from TTF in the last decade alone.”
Read the full endorsement here.

By |2019-06-07T03:09:27+00:00October 26th, 2016|Infrastructure, Legislative and Political|