The Biden administration is considering imposing a vehicle mileage tax on Americans - as a way to fund a multi-trillion-dollar infrastructure plan set to be announced by President Biden, Transportation Secretary Pete Buttigieg said Friday.
"The gas tax used to be the obvious way to do it; it's not anymore So, a so-called vehicle miles traveled tax or a mileage tax, whatever you want to call it, could be the way to do it."
"You're hearing a lot of 'maybe' here because all of these things need to be balanced and could be part of the mix," the secretary cautioned, saying the mileage tax is only a consideration at the moment.
His comments came one day after the first press conference of Biden's presidency, where he announced plans to unveil a $3-4 trillion infrastructure bill in Pittsburgh next week.
The president argued that rebuilding US physical and technological infrastructure was a key priority to not only boost a sluggish economy, but to remain competitive with overseas rivals like China.
"When you think about infrastructure, it's a classic example of the kind of investment that has a return on that investment," the former presidential hopeful told CNBC. "That's one of many reasons why we think this is so important. This is a jobs vision as much as it is an infrastructure vision, a climate vision and more."
A day prior, Buttigieg urged the House Transportation and Infrastructure Committee to make a "Generational investment" to improve infrastructure while simultaneously combating climate change and racial inequity.
Saturday, March 27, 2021
White House might tax motorists by the mile to fund infrastructure plan
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