Auto industry trade group urges feds to scrap gas tax and replace it with a vehicle weight fee [FOX Business Network]
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Source: FOX Business Network
The leader of a trade group that represents most major automakers called on the federal government to eliminate its gasoline tax and replace it with a vehicle fee to finance road infrastructure needs. Alliance for Automotive Innovation CEO John Bozzella, whose group represents automakers such as General Motors, Toyota, Volkswagen, Hyundai and other leading car manufacturers, put forward a proposal that urged the federal government to address the growing shortfall in the Highway Trust Fund with a vehicle fee. The proposal would function like a vehicle registration fee that's assessed on all vehicles based on their weight, and was first reported by Reuters. It comes as the federal government's current surface transportation law is set to expire on September 30, which could prompt debate over policy changes. "This policy would guarantee every vehicle on the road contributes something to maintaining America's transportation network," Bozzella said. "Those driving older, less fuel-e
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