Tuesday, July 20, 2010

As his term as Governor moves toward its conclusion, Ed Rendell wants Pennsylvania to raise $472 million a year it needs for transportation projects. His first plan is to tax oil companies in the state, like all of the energy companies that have descended upon Western Pennsylvania now that we apparently have a slew of fossil fuels in the Marcellus Shale. If the state legislature won't tax big oil companies, then guess who is going to make up that money?

Options including increasing driver's licenses renewal fees from $21 to $23.10; increasing annual car registration from $36 to $45; increasing vehicle title fees from $22.50 to $28.13; increasing annual inspection sticker fees from $2 to $4.06 and increasing the cost of driving history reports from $5 to $11.20.

Those fee increases would raise about $265 million, the governor's office said. A 3.25-cent-per-gallon increase at the pump, meanwhile, would raise about $200 million.

Read more: http://www.post-gazette.com/pg/10201/1073904-147.stm

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