Raise gas tax by 11 cents and adjust to inflation to save Highway Trust Fund, tax policy group says

There is one easy and necessary way to revive the beleaguered Highway Trust Fund: raise the federal gas tax by a minimum of 11 cents per gallon and adjust it for inflation, according to Carl Davis, senior policy analyst with the Institute on Taxation and Economic Policy (ITEP). “Inflation has driven the gas tax down by almost 40 percent,” Davis said. Read More »

Midwest Association of Rail Shippers meeting July 13-14

The Midwest Association of Rail Shippers (MARS) will be discussing market changes and trends during the group's 245th meeting, which will take place July 13-14 in Lake Geneva, Wisconsin. The meeting, the theme of which will be “Shippers and Rails Adapt to Changing Markets," will include presentations, panels and speakers that will cover some of the most pressing issues for the industry, which include infrastructure needs, fluctuations in demand for rail equipment and decreasing fuel shipments. Read More »

Detroit chamber unveils principles to address infrastructure needs

The Detroit Regional Chamber has called on Gov. Rick Snyder and the state Legislature to develop a solution to fund the state's infrastructure needs by releasing a list of principles on Tuesday. This announcement follows the failure of Proposal 1, which would have generated more transportation funding through a fuel tax increase and other tax hikes. Michigan voters rejected the measure by 80 percent. Read More »

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