PennDOT Secretary Discusses Lifting Gas Tax Cap to Fund Road and Bridge Projects
Secretary Barry Schoch spent Wednesday meeting with reporters at PennDOT’s District 11 headquarters in Collier Township to outline Gov. Tom Corbett’s plan to uncap the state’s oil company franchise tax.
PennDOT Secretary Barry Schoch has a blunt assessment about the state’s aging transportation infrastructure and the government’s new plan to upgrade it. “Every year we duck this issue and every year the bill becomes bigger,” Schoch said. “It doesn’t go away.” Schoch spent Wednesday afternoon meeting with reporters at PennDOT’s District 11 headquarters in Collier Township to outline Gov. Tom Corbett’s plan to uncap the state’s oil company franchise tax, which would increase the price of gasoline, but would bring in billions in new revenue. “There are a lot of questions of the cost about doing this,” Schoch said. “There’s also a cost if we don’t do anything.” The cap on tax at the wholesale level would be lifted over five years in unison …
In this Article:
Insider Eyes
10:55 am on Friday, February 8, 2013
Can't wait for Tim Solobay to raise our taxes so we can vote him out of office in 2014.   more ›