If the Raimondo administration gets its way and bypasses the General Assembly to sign on to a new regional carbon-tax scheme, called the Transportation and Climate Initiative (TCI), Rhode Island motorists will find a plan to increase gasoline taxes in their stockings this year.
The TCI gas tax is a cap-and-trade tax on gasoline proposed by environmental extremists who purposely want gasoline to become so expensive — estimated at an extra 24 cents per gallon — that you will be financially forced to walk or bike to work and around town. We’re expecting an important announcement this week on the new tax…stay tuned.
Like all far-left contrivances to reduce carbon emissions, the TCI gas tax, a green-new-deal-type agenda, will harm economic growth and will take money out of your pocket. Rhode Island already suffers from an Ocean State Exodus, where far too many of our children and loved ones, business investors, and neighbors are leaving for lower-cost living in other states.
The TCI tax would be one more piece of coal that will drive people out of state (pun intended).
Click here to read more about the TCI Gas Tax and discuss it on the Ocean State Current.