O'Malley Short-Changing Transportation Trust Fund
O’Malley Short-Changing Transportation Trust Fund
Proposal would divert money back to general fund
ANNAPOLIS, Md. — Governor O’Malley’s proposal to increase the Maryland gas tax by over 80% also diverts tax dollars promised to the Transportation Trust Fund (TTF) back into the General Fund. In 2007, as part of the deal for the 20% sales tax hike, 6.5% of the general sales tax was supposed to be dedicated to the TTF. However O’Malley’s current gas tax proposal reduces that share to 4% – a 38% drop. One must ask if funding transportation projects is such a huge priority then why is Governor O’Malley is legalizing stealing more tax dollars out of the Transportation Trust Fund?
“Maryland’s middle class shouldn’t have to pay the 5th highest gas tax in the Nation because Gov. O’Malley is still stealing money out of the Transportation Trust Fund,” said Americans for Prosperity Maryland’s Grassroots Director Nick Loffer. “A painful 80% gas tax hike with automatic inflationary increases would be avoided if Gov. O’Malley prioritized roads at their historic levels of funding and quit raiding the Transportation Trust Fund.”
Concerned Marylanders can contact their elected officials at www.NoGasTaxMD.com.
For further comments or to interview Nick Loffer, contact him at (410) 603-1836 or Nick@AFPMaryland.com.
Americans for Prosperity (AFP) is a nationwide organization of citizen-leaders committed to advancing every individual’s right to economic freedom and opportunity. AFP believes reducing the size and intrusiveness of government is the best way to promote individual productivity and prosperity for all Americans. For more information, visit www.americansforprosperity.org