Double the Tolls and Raise the Gas Tax too
All this with $8 to $10 Billion in Federal Bailout headed to States
By Christy Mihos
More tolls and taxes, but no cuts in operating expenses, certainly no reforms, but let's just keep on spending. Anyone wonder why our great Commonwealth is in a bit of a bind these days?
The Turnpike Authority also sits with $571 million in cash and current assets.
The logic expressed above are the words and deeds of one James Aloisi, Governor Deval Patrick's appointed Secretary of Transportation and Construction who also serves as Chairman of the Mass Turnpike Authority.
More tolls from a fellow who saw his agency hike tolls last year as prescribed by the Big Dig Finance Plan to adequately service the Big Dig debt service. The Turnpike Authority also sits with $571 million in cash and current assets, ie, treasuries, investments, bonds etc.
Not to worry, he's behind a doubling of the Tolls notwithstanding, to raise another $140 million. And if that don't beat all, he and his henchmen from the Business Special Interests want to hike the GAS TAX by 25 cents per gallon to further bring in over $800 million more in gas ax revenues, PLUS have the gas tax subject to the Consumer Price Increase - annually.
None of these characters has heard the news that the Federal Governmentwill be sending our Commonwealth about $8 to $10 Billion in FederalBailout for the States.
Evidently, none of these characters has heard the news that the Federal Government will be sending our Commonwealth about $8 to $10 Billion in Federal Bailout for the States.
Oh well, living here on the Cape, and knowing how vital the Tourism Industry is to all of us, yes, all of us, from Cape Cod to The Berkshires. Can you imagine what signal it sends to prospective vacationers when they know that our state boasts the possibility of the highest gas tax in the country.
NUMBER 1 again!
So folks how does this happen. Well back in 2005, Governor Romney and the Legislature convened a commission called the Massachusetts Transportation Finance Commission who's findings after about two years was that the Commonwealth will need $19 Billion over the next $20 years to maintain our current roads and bridges.
Ring a bell? It should. That's where all this cacophony is coming from.
You see, Aloisi and every transportation special interests group had a place at the table and they developed these numbers.
You weren't at the table were you? Just the lobbyists, lawyers, contractors and former legislative transportation members.
Anyone ever hear the old adage - "Garbage In, Garbage Out" ??????