[Opinion] Outgoing Iowa governor shares opinion of annual gas tax increases

Outgoing Iowa governor shares opinion of annual gas tax increases

Governor Kim Reynolds says state gas tax revenue isn’t keeping up with what’s needed to build and maintain Iowa’s roads and bridges and it may be time to have regular increases in the gas tax that are tied to inflation. “We have to be careful about that because of how you decide what it is,” […]

Reynolds says yearly gas tax increases likely a ‘realistic’ option

(Radio Iowa) – Governor Kim Reynolds says state gas tax revenue isn’t keeping up with what’s needed to build and maintain Iowa’s roads and bridges — and it may be time to have regular increases in the gas tax that are tied to inflation. The tax rate on gasoline and diesel fuel hasn’t changed since the 10-cent hike that took effect 11 years ago. Reynolds says there’s a growing gap between the revenue being generated by that so-called “road use ta…