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Page 7 · column 1 of 3 · from the scan, no model involved
Gasoline taxes will be lowered— if the latest temporary Federal gasoline tax increase expires on June 30th as scheduled by the 1959 Federal Highway Act. j Along with all good citizon*, wo are in favor of building the roads that the motoring public nooas. j But, in the last 10 years, alone, Federal and State taxes • nationwide on gasoline-have skyrocketed 51% — skyI rocketed to a point where gasoline, a basic commodity, j is actually taxed at a rate five times as high as luxuries | like diamonds and mink coats." 7 ' Must gosolino taxos bg so high? Most people believe that gasoline taxes are high because the money is needed to pay for our national highway program. This is not so. The fact is that out of every highway-user tax dollar collected last year by the Federal government, -more than 40 cents was diverted to non-highway purposes. If these high way-useptax revenues were spent for highways—as they shouldd>e—gasoline taxes could be lowered, and the highway program given a boost. In fact, the Federal-Aid Highway Act of 1959 provides , that when the added temporary Federal! gasoline tax exn pires on /fine 30th, 1961, as scheduled,; some $802 mil| lion a,year id highway-user taxes—now diverted to the U. S. Treasury’s general fund—will instead be deposited I in uie Highway Trust Fund. As a result, if the latest Federal temporary gasoline tax
78.5%