Republicans and Democrats can find the money to pay for the infrastructure to rebuild America if the political courage exists. The question is whether they are just against higher corporate taxes specifically -- or against any and all tax increases to pay for infrastructure. The federal gas tax has not changed since 1993. Raising the gas tax back to that level and indexing it to inflation thereafter would raise a projected $512 billion over the next 10 years. Republicans in Congress have started to fixate on finding a way to capture lost gas tax revenue for electric cars as a potential solution.

Source: CNN May 14, 2021 15:45 UTC