Ports-to-Plains Investors
Index

 

Newsletters

      Ports-to-Plains



 

 

 

 

 

Ports-to-Plains Alliance

« City, county working to bring jobs to Plainview with new business park | Main | Donald Trump and the rising reshoring movement »
Thursday
Jan192017

Most Americans don’t want new tolls to pay for road and bridge improvements, poll says

The Washington Post

January 19, 2017

A plan to pump up to $1 trillion into infrastructure by luring private investors won’t win public support if it means new tolls on existing roads and bridges, according to a new poll.

In Washington Post-ABC News poll, 66 percent of those surveyed said they oppose a plan that would grant close to $140 billion in tax credits to investors who put their money into roads, bridges and transit in return for the right to impose tolls.

While the survey question made no mention of the incoming president, prior to the election Donald J. Trump proposed giving private investors an 82 percent tax credit to put money into projects, credits that theoretically would reduce their need to profit from the investment.

Trump said his plan would lead to up to $1 trillion worth of new projects. He said the more than $137 billion cost of the tax credit would balance out because tax revenue would be recouped by taxing the wages of people put to work on the projects and from taxes paid by contractors hired to do the work.

Read on...

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>