August 30, 2013

Collin Peterson Has A Great Idea For Labor Day Weekend: Raise The Gas Tax

Yesterday on local CBS Fargo news, Congressman Collin Peterson reiterated his support for a higher gas tax. When asked how that would affect “the little guy” Peterson said he’s not sure “it would even register.”

Transcript below:

NPR CLIP: Do you believe in raising the gas tax to bring in more money?

REP. PETERSON: I’ve supported it.

NPR CLIP: Do you have a sense how much to raise it by.

REP. PETERSON: Well I think that it was Congressman Oberstar wanted to raise it five cents at the federal level. It haven’t been raised for a long time, I don’t think. So that’s part of the solution. I’m not sure it’s going to be enough to deal with the backlog we’ve got in transportation.

BERG: So my question is, the gas tax is one of the most regressive taxes we can put on the poor and middle class, why raise it?

REP. PETERSON: I supported this bill, I don’t know, eight years ago or whatever. So I want to be honest, I have supported the gas tax increase. The reason is, we have a $2 trillion deficit in roads and bridges and highways and so forth. We haven’t changed the federal gas tax in 20-some years.

BERG: Isn’t that going to hurt the little guy the most?

REP. PETERSON: Well but you look at what happened with gas prices. If you have a nickle increase in the gas tax – you know these gas prices go 20 cents one way or the other day-to-day. I’m not sure it would even register. The gas prices are too high. So if you want to be for the little guy here what you do: Get the speculators out of this gas market. And I passed a bill in congress to do that in 2007.