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Ronald Reagan

Joshua Schank and Jeff Davis: Follow Reagan's example on gasoline tax

Joshua Schank and Jeff Davis: Follow Reagan's example on gasoline tax

Can you name the U.S. president who raised taxes during a recession to fund increased infrastructure investment? Must be a real liberal, right? Actually, it was none other than Ronald Wilson Reagan, in 1982. He made this tough decision to ensure we had adequate investment in our transportation network. Reagan's unlikely move is all the more amazing when you consider that he did it without facing the pressure of a potential shutdown of the federal highway and transit programs, as we do now. By the end of this month, Congress will have to bail out the Highway Trust Fund for the seventh time since 2008. Since that time, Congress and two administrations have been unwilling to increase...

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