Quarterhill Inc T.QTRH

Biden proposes gas tax holiday

[v_guerriero]

Why does this matter?  

Gas tax is what funds new infrastructure.  A holiday would shelve new infrastructure.  Brutal situation for IRD and ETC if it passes.

Now watch for people to demand toll holidays as well.

[Homework]

Now watch people will ask for a...............VG holiday.lol 

[cabbieJBJ]

Two points: The federal Infrastructure Bill is not tied to the federal gas tax it's federal and is a proposed 3 month election gimick

[Buyreallow]

84%of the Highway Trust Fund revenue comes from the tax.

[v_guerriero]

Yes.  This is a very significant development.  You can put your head in the sand and hope, but this isn't great. At the very least this will put a chill over highway developments until this is clarified.   Inflation romping higher with highway construction at 20%+ and bridges at 45%+ YoY.   Now the core funding for roads disappearing as a reaction to high gas prices.

[cabbieJBJ]

The Feds fund about 25% of highway infrastructure.  Relax.   Infrastrucure needs to be replaced/updated (USA ranks 13th globally on infrastructure).  Infrastructure needs are not going away.  The states have uncle joe's money and won't do anything to jeopardize that.  User pay programs are the most equitable way to address infrastructure.

[cabbieJBJ]

The fund is supported from general revenue to remain solvent as far as I can tell.  A good explanation of the Highway Trust Fund can be found here: https://www.pgpf.org/budget-basics/budget-explainer-highway-trust-fund A three-month moratoriuum on federal gas tax will not derail the shidt to infrastructure user pay programs imo.  A total red herring!

[astutein]

More Garbage from Fabricator.   Every article he finds is bad  for ITS. Fabricator-We know you view for ITS Negative EBIDTA. Enough is enough Fabricator. You knopw absolutely nothing relating to funding for bridges and roadtolls. Shut up Fabricator, Liar, Traitor.