Support builds for a 5¢ gas tax to create 320,000 jobs
It would take a "palace coup," declared President Reagan at a news conference Sept. 28, to get him to raise taxes, specifically gasoline taxes. As matters turned out, it took only a moderate insurrection. In a curtsy to congressional pressure for legislation to ease unemployment, the President last week endorsed a 5¢-per-gal. increase in the gasoline tax to finance repair of the nation's highways, bridges and urban mass-transit systems and, not incidentally, to create overall an estimated 320,000 jobs. The measure produced an Olympian display of semantic gymnastics at the White...
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