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  • The gas tax is actually super low, thanks to inflation

    Eric Cantor thinks that bike sharing is siphoning off way too much of the country's gas tax revenue. And for a Republican like him, raising the tax is out of the question, never mind that, as Greater Greater Washington's Matt Johnson points out, in inflation-adjusted dollars, the gas tax has gone down by 34 percent since 1994, the last time it was raised. And, again in inflation-adjusted dollars, the gas tax was actually highest in 1960.