International oil giant BP has been lobbying for Connecticut’s General Assembly to pass the Transportation and Climate Initiative program to lower transportation emissions, but the company could end up profiting from the cap and trade
gas tax
Connecticut has one of the highest gasoline taxes in the country, according to a new report released by the Tax Foundation, which used 2018 data gathered by the American Petroleum Institute. According to the API,
Connecticut spends $99,417 per mile of road in administrative costs, according to the Reason Foundation’s annual study on state transportation spending and effectiveness. Connecticut had the highest administrative costs in the country, which were nine
Gov. Dannel Malloy called on the state legislature to approve electronic tolls for Connecticut’s highways, a 7 cent increase in the gasoline tax and a three dollar tax on tires in an effort to increase
[caption id="attachment_3750" align="alignright" width="300"] Image Copyright Mazzam, 2015. Used under license from Shutterstock.com[/caption] With the news that General Electric is leaving Fairfield for Boston fresh in the mind of lawmakers, 2016 can be a year
Before lawmakers even consider raising the gas tax to fund transportation, they need to reassess how they spend existing transportation funds. Many of the state’s new projects offer little return on investment and represent a long-term