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ARTBA / Clinton gas tax = Loss 300,00 jobs + $9 Billion loss for infrastructure

John McCain and Hillary Clinton have suggested suspending Federal Taxes on all Gasoline/Diesel sold between Memorial Day (5/26) and Labor Day (9/1) this year.According to this study by the American Road & Transportation Builders Association, this “Gas Tax Holiday” will lower tax revenue for infrastructure by roughly $9 billion and potentially cost 300,000 highway construction jobs. The highway trust fund that the gas tax finances provides money to states and local governments to pay for road and bridge construction, repair and maintenance.
300,000 American Jobs Lost. $9 Billion in Federal Highway Funds.
North Carolina: 7,071 Jobs and $203,319,748 in federal highway funds
Indiana: 6,390 Jobs and $183,722,596 in federal highway funds
150 economists sign letter opposing the gas tax holiday

Go to http://www.jabberwonk.com/flinker.cfm?cliid=13lkzo to calculate your savings with McCain’s and Hillary’s Gas Tax Holiday.

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