Guess Which Republican Lt. Governor Candidate Put the VMT Tax on the Table?
Supporters of the proposal call it a Vehicle Miles Traveled tax, or VMT. As proposed in the state’s transportation master plan, it would be in addition to and would not replace the state gas tax…
Maryland’s master transportation plan contains an option for a VMT tax. It was inspired by the desire to cut emissions and by diminishing gas tax revenues.
a Maryland motor fuel taxes or VMT fees – There are two primary options for consideration: (1) an increase in the per gallon motor fuel tax consistent with alternatives under consideration by the Blue Ribbon Commission on Maryland Transportation Funding, and (2) establish a GHG emission-based road user fee (or VMT fee) statewide by 2020 in addition to existing motor fuel taxes. Both options would create additional revenue that could be used to fund transportation improvements and systems operations to help meet Maryland GHG reduction goals [emphasis mine].
In Maryland, the manufacturing sector will likely experience a greater amount of employment and output losses relative to the rest of the economy as a result of GHG reduction policies. However, policies that attempt to mitigate these losses and exempt the manufacturing sector will only increase the total cost of GHG mitigation and shift the burden to other economic sectors. Ultimately, the cost of GHG mitigation policies, even those imposed on businesses, will be borne by individuals [emphasis mine].
The conservative choice indeed!
Trending: Red Maryland Radio #413: May 23, 2019