HomeUncategorized1.18-19 Open Threads

61
Leave a Reply

avatar
Photo and Image Files
 
 
 
Audio and Video Files
 
 
 
Other File Types
 
 
 
31 Comment threads
30 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
5 Comment authors
Aint Supposed to Die A Natural Deathwi64Bennyorlbucfanjcitybone Recent comment authors

This site uses Akismet to reduce spam. Learn how your comment data is processed.

  Subscribe  
newest oldest most voted
Notify of
Benny

Benny

wi64

Petey has his eye on a higher office so he wont PO the airline donors

Benny

Benny

wi64

They elected Cult-45 so nothing surprises me anymore when it comes down to the GQP

Benny

Benny

Yep, looks like Ro wants to run.

Benny

There’s some talk about JB Pritzker running for POTUS in 2024 or 2028. My guess is that it will be 2028 unless Biden decides not to run. Pritzker is a decent governor, but folks have to remember, he is a private equity firm partner, which includes hedge funds. We’ll see if he fights it or comments on it in the next year or so.

Benny

Illinois could lose billions in motor fuel taxes as electric vehicle sales grow, report warns

The primary issue is motor fuel taxes, which will see a significant drop as more electric vehicles get on the road and fewer people fill cars with gas.

Because motor fuel taxes make up the backbone of state funding for road and bridge projects, the institute, which has ties to labor, warned that new revenue sources would have to be identified to ensure the state’s 10-year capital improvements plan remains on track.

“There’s absolutely a benefit to having EVs, but it will ultimately have a strong impact on transportation funding,” said Mary Tyler, the report’s author.

The motor fuel tax is the state’s leading source of transportation funding and makes up 52 percent of Illinois’ transportation revenue and 82 percent of its contributions to the federal highway trust fund.

The report’s main recommendation is implementing a vehicle miles traveled, or VMT, fee that would replace the existing motor fuel tax with a fee determined by the number of miles a car travels.

The idea has been floated in the past, including by J.B. Pritzker in an interview during his 2018 gubernatorial campaign.

States such as Oregon “have done tests recently for a VMT tax because we have more and more electric cars on the road, more and more hybrids, and because gas mileage is rising,” candidate Pritzker told the Daily Herald. “It’s only fair if you’re on a road and traveling on that road that you should pay your fair share.”

Pritzker as governor has not made a serious push for a VMT.

It’s an issue the institute says will become more pressing as the state moves toward its goal of putting 1 million electric vehicles on the road by the end of the decade — a goal written into law in the Climate and Equitable Jobs Act in 2021.

Even before this promise was made, Illinois was seeing a yearly increase in electric vehicles on the road. From 2017 to 2021, registrations rose from 8,255 to 36,482. The most recent data shows that, as of December, there are 57,311 registrations.

According to Tyler, Illinois would have to add 119,000 electric vehicles every year in order to meet its goal of 1 million by 2030. If that happens, the state would lose $765 million in sales and motor fuel taxes when accounting for added EV fees. Counting federal revenue, that figure would be $1.1 billion.

Electric vehicles aside, Tyler said fuel-efficient vehicles pose another threat to the state’s transportation revenue. Roughly 10 percent of registered vehicles in Illinois are electric, and the rest of the 11 million are becoming more fuel-efficient.

I’m posting this as no one in the feds (most especially the DOT Sec’y who appears to be out of his depth with his appointment) has talked about replacing this revenue stream.

wi64

They’ll just raise tolls and other DOT fee’s to make up for it.

Benny

Ridiculous. The WEF has already declared that the US is bullish on growth.

wi64

The FED wants a recession real bad, which means the rich have repositioned thier investments for maximum recession profitability.

Benny

jcitybone
Benny

I’m speechless.

MLK would say this is betrayal. What I wonder is if LaSalle is really itching to see if SCOTUS would do with this, especially Thomas and Alito.

Benny
Benny

@jcitybone

“The nomination is lost.” @bradhoylman https://t.co/cuk21rs9wa

— Michael Kink (@mkink) January 18, 2023

Benny

Thing I really appreciate about Robert Reich is that unlike his former employers, the Clintons, he got more progressive in his public policy stances, whereas they became more elitist. When the Clintons were in power, I was happy to just have some Dems in the WH after a 12 year drought. But what they learned was more corruption (Whitewater is illustrative of it, but I think Ken Starr was way out of line too), unfortunately.

Benny
Benny

BREAKING:

Matt Gaetz plans to run for Governor of Florida when DeSantis announces his candidacy for President, according to a key staffer in Gaetz' Congressional office.

The staffer also disclosed unethical/illegal activities inside the disgraced congressman's office.

More..

— Rebekah Jones (@GeoRebekah) January 18, 2023

I’d like to see some actual reporting on this.

Benny

I’ll try to find the reporting.

Benny

Benny