To fix the potholes and crumbling roads, federal, state and local governments rely on fuel taxes, which raise more than US$80 billion a year and pay for around three-quarters of what the U.S. spends on building new roads and maintaining them.
I recently purchased an electric car, the Tesla Model 3. While swerving down a particularly rutted highway in New York, the economist in me began to wonder, what will happen to the roads as fewer and fewer cars run on gasoline? Who will pay to fix the streets?
Will toll roads become universal to bridge the funding gap?
(Score: 2) by pipedwho on Tuesday February 26 2019, @09:18PM
The price rises are because they sold off the public electricity infrastructure to the private sector. And naturally when you have no real competition or repercussions, you raise prices as much as you can get away with. There are legal limits to the price hikes, but like toll roads they are well above the inflation rate here in Au.