Sen. Hatch Policy Plan Includes Increase in Fuel Tax



A Democratic candidate for governor says he wants to hike Iowa's fuel tax to pay for road improvements in the state. In a policy plan released Thursday, Des Moines lawmaker Jack hatch says he would raise the tax, now 22 cents per gallon for gasoline including fees, by two cents a year for five years. That money would go to fixing deteriorating bridges and roads. Hatch also wants to direct some surplus budget dollars to infrastructure projects. Iowa's fuel tax hasn't been raised since 1989. A commission appointed by Governor Terry Branstad in 2011 recommended an increase of 8 to 10 cents a gallon to boost funding for the state's network of bridges and roads. But changing the tax rate has been unpopular in the state legislature.

 

Filed Under :  
Topics : Business_FinancePolitics
Social :
Locations : Des MoinesIowa
People : JackTerry Branstad