Transportation
Professor and Transportation Finance Expert: Tolls “Inefficient, Regressive Tax”
Professor of Finance for the College of Staten Island and Research Fellow at The University Transportation Research Center Johnathan Peters says if Connecticut lawmakers are looking to raise revenue for transportation, they might be better off looking somewhere else besides highway tolls. “Tolls, generally, are expensive to collect,” Peters said in an ...
Sen. Bergstein Files First Tolls Bill
Greenwich Senator Alexandra Bergstein started off the legislative session by filing a bill to authorize the Connecticut Department of Transportation to put electronic tolls on Connecticut’s highways. Proposed Bill No. 102 would amend state statutes to require the DOT Commissioner to establish tolls on Connecticut’s highways, set toll rates comparable ...
Amid Looming Tolls Debate, Transportation Funding Projected to Grow
As some legislative leaders call for tolls on Connecticut’s highways, new revenue estimates from the state show transportation funding is expected to increase by $310 million by 2023. The Office of Fiscal Analysis and the Office of Policy and Management released their consensus revenue estimates yesterday showing Connecticut may not ...
Reduce the Gas Tax for Tolls? A Look at the Numbers
Democrat Leaders in the Connecticut House and Senate indicated they would be willing to reduce the gasoline tax in order to gain public and political support for tolls. Senate President Martin Looney, D-New Haven, said he would be willing to cut gasoline taxes in exchange for tolling Connecticut’s highways. During ...