“There are pros and cons to a wholesale ad valorem tax. On the plus side, it would track with inflation, rising in line with the price of gasoline. It takes an act of Congress to increase the current per-gallon tax on gas, which loses its efficacy with each passing year.” See More . . .
Source: http://www.forbes.com/sites/robertbowman/2013/10/07/a-new-kind-of-tax-for-funding-transportation-improvements/
By: Robert Bowman