WASHINGTON (MarketWatch) – President Donald Trump said he’s open to raising the federal tax on gasoline if the money raised is directed “toward the highways,” he said in an interview with Bloomberg. Republicans in Congress have generally resisted a higher gas tax, but funding for highways has been hurt in part by the use of more energy efficient vehicles. Car owners don’t need to buy as much gas to fill up. “Everything is a starting point,” Trump said about his proposal to cut taxes and reshape the U.S. tax code.
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