Right now we pay a gas tax every time we pay at the pump, and that goes toward road maintenance. But with the increase of electric vehicles on the market, this tax will be less effective. It's certainly a bonus for electric car owners to not have to pay this tax but if we all go electric in the next decade or two, there will be far less tax revenue for transportation infrastructure.
So Pete Buttigieg, the new Transportation secretary for Biden, is mulling over the idea of a mileage tax instead, basically a 'pay for how much you use' kind of tax. If you use the roads more you pay more in taxes.
Biden wants to introduce an enormously expensive infrastructure bill soon so looks like a switch like this or something similar is going to have to be a part of it.
I am no fan of taxes but in this case its a switch as opposed to a brand new one so maybe it won't be so bad, and unfortunately I don't really see a way around it at the moment. Think this will happen?
I think a pay to use mileage tax is a good idea. It can easily be tracked on car registrations too.