PennDOT Secretary Discusses Lifting Gas Tax Cap to Fund Road and Bridge Projects
The move would increase the price of gasoline, but would bring in billions in new revenue to Pennsylvania.
PennDOT Secretary Barry Schoch has a blunt assessment about the state’s aging transportation infrastructure and the government’s new plan to upgrade it. “Every year we duck this issue and every year the bill becomes bigger,” Schoch said. “It doesn’t go away.” Schoch spent Wednesday afternoon meeting with reporters at PennDOT’s District 11 headquarters to outline Gov. Tom Corbett’s plan to uncap the state’s oil company franchise tax, which would increase the price of gasoline, but would bring in billions in new revenue. “There are a lot of questions of the cost about doing this,” Schoch said. “There’s also a cost if we don’t do anything.” The cap on tax at the wholesale level would be lifted over five years in unison with a 2-cents cut in …
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