Va. governor lays out plan to eliminate gas tax, increase sales tax

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(WTKR) – Governor Bob McDonnell announced a plan on Tuesday  that would eliminate the gas tax but increase the sales tax.

WTKR is reporting McDonnell wants to raise the state sales tax from 5% to 5.8% percent and wants to put the money into transportation. 

He said he’d do away with the 17.5 cent gas tax. 

Virginia would become the first state without a gas tax.

According to a press release, once the gas tax is eliminated Virginians would spend $3.5 billion less at the pump over the next five years. 

He says if the plan is passed, it would generate $844 million in additional revenue for transportation by 2019. Over a half billion more would go to construction, not maintenance, by 2019.

Click here to read the entire plan. 

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