Corbett’s Budget Plan=Higher Gas Prices to Pay for Roads and Bridges

Corbett’s plan to pay for transportation funding, announced during yesterday’s budget address, would involve eliminating the cap on taxes for wholesale gas prices. Which, he assures us, is not a tax. OK, sure, tell it to Norquist. Whatever you call it, gas taxes would increase five cents a year over the next five years in order to pay for $1.8 billion in new transportation funding. Under Corbett’s plan, the vast majority of the cash would go to repairing roads and bridges, while a little under $200 million would go towards little old SEPTA. [Inquirer]