tax indexing

tax indexing

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It proposed raising the funds either through a five-cent gasoline tax increase or a new tax-credit bonding mechanism (Transportation Finance Corporation) and fuel tax indexing combined with revenue from travel growth and interest on the trust fund revenue.
The entitlement enforcement mechanism would set across-the-board cuts in entitlement programs, but also suspend tax indexing and impose temporary tax increases on those with incomes in excess of $250,000 annually.
Both candidates supported eliminating the gas tax indexing and opposed expanding the beverage container deposit law.