In this Matthew Hale op-ed published in NJ.com, Hale argues for a more equitable distribution of infrastructure funding responsibilities between EV and gas-powered vehicle owners and makes the following points:
- EV Impact on Roads: Electric vehicles (EVs) are heavier than gas-powered cars, causing more wear on roads and bridges1.
- Funding Issues: The Transportation Trust Fund (TTF) in New Jersey, which finances infrastructure, is primarily funded by gas taxes. EV owners contribute less to this fund.
- Proposed Solutions: Governor Phil Murphy suggests removing the sales tax waiver for EVs to raise additional funds. Another proposal is a registration tax on EVs to cover the funding gap.
- Equity Concerns: The current gas tax disproportionately affects working-class individuals who rely on gas-powered vehicles, while wealthier EV owners benefit from tax incentives.
Read the full op-ed here:Â https://www.nj.com/opinion/2024/03/evs-tear-up-nj-roads-they-should-pay-their-fair-share-to-fix-them…
