Wisconsin received $1.22 in federal highway aid for every dollar it contributed in federal highway taxes, according to a new report from the Government Accountability Office.
The report looked at highway funding since 2005.
Wisconsin was not alone in the windfall. From the GAO:
For the time period for which data are available, every state received as much or more funding for highway programs than they contributed to the Highway Account of the trust fund. This was possible because more funding was authorized and apportioned than was collected from the states and the fund needed to be augmented with general revenues.
That makes it official, folks. The old road builders’ argument that “transportation projects are paid for with transportation dollars” is officially garbage.
How ending the tax cuts would affect you
Thursday, August 19th, 2010The Washington Post has a very slick interactive graphic showing how the various federal tax proposals would affect various folks at various income levels. We’re all going to pay more taxes — that is inevitable — it’s just nice to have a neat little computer doo-dad to play with to ease the pain.
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