Engineering Inc. - Winter 2020 - 28

Biden indicated he would sign a bill to
increase the passenger facility charge at airports
to pay for infrastructure maintenance, and
touted both light rail and high-speed rail as
ways to get cars off the highways.
"That (fuel tax) is a super politically
sensitive thing," Steyer said. "What we are
definitely going to have to do is raise taxes, and
the question is whether it will be on consumers
or businesses. My goal in this is not to do a
regressive consumer tax but to undo the tax
giveaways of the last 40 years. I have a plan for
a wealth tax-to treat investment income on
the exact same schedule as earned income. If
we do that, you get trillions of dollars."
Buttigieg was the only candidate to raise
the prospect of a vehicle miles traveled tax
but hedged his endorsement on the ability to
ACEC Chairman Mitch Simpler has a captured audience, including former Vice President Joe Biden, while
backstage during the Presidential Candidate Forum on Infrastructure in Las Vegas.
"address the Big Brother issue" on what criteria
to base the tax.
"We're going to have to graduate from
PAYING FOR REPAIRS AND IMPROVEMENTS
the gas tax because we are going to have to graduate from gas,"
Moderators pressed each candidate on what to do about the
Buttigieg said. "We know it is not a viable, long-term funding
rapid depletion of the Federal Highway Trust Fund and the
mechanism for our highways."
prospect of raising the federal fuel tax, which, despite inflation,
Klobuchar proposed creating an infrastructure financing
has remained at 18.4 cents per gallon for gasoline
and 24.4 cents per gallon for diesel since 1993.
Simply raising the fuel tax had no support
from the candidates, who noted objections from
both the voting public and their congressional
representatives. However, they did have alternative
infrastructure funding ideas.
"We're not going to be able to raise the gas tax,"
Biden said. "We might be able to index it down the
line. I don't think we are going to be able to raise
the gas tax from what it is now to what it would be
if we raise it for inflation."
Biden, whose campaign platform includes a $1.3
trillion infrastructure plan, advocated raising the
corporate tax rate from 21 percent to 28 percent. "I
think we can get some Republicans to support that
U. S. Senator Amy Klobuchar, D-Minn., a former candidate for the Democratic Presidential
as well," he said. "Increasing (the corporate tax rate)
nomination, joins officials from other Forum Host Committee organizations, including ACEC
Chairman Mitch Simpler (rear, third from right).
raises $740 billion over 10 years."

"The needs are incredible, but they are talking about looking
at things in a different way and how do you integrate it with
national policy, which is what I think we've been missing."
JOHN CARRATO
PRESIDENT AND CEO
BENESCH

28

ENGINEERING INC.

WINTER 2020



Engineering Inc. - Winter 2020

Table of Contents for the Digital Edition of Engineering Inc. - Winter 2020

Engineering Inc. - Winter 2020
Contents
FROM ACEC TO YOU
MARKET WATCH
LEGISLATIVE ACTION
THE PRIVATE SIDE
GROWTH CONTINUES IN LIFE AND HEALTH SCIENCES SECTOR
TRANSIT-ORIENTED DEVELOPMENTS ON THE FAST TRACK
PRESIDENTIAL CANDIDATES DISCUSS INFRASTRUCTURE
FAIR WARNING
ACEC OKLAHOMA PROFILE
CULTIVATING STEM
IN THE NEWS
MERGERS AND ACQUISITIONS
RISK MANAGEMENT
MEMBERS IN THE NEWS
Engineering Inc. - Winter 2020 - Intro
Engineering Inc. - Winter 2020 - Engineering Inc. - Winter 2020
Engineering Inc. - Winter 2020 - Cover2
Engineering Inc. - Winter 2020 - Contents
Engineering Inc. - Winter 2020 - 2
Engineering Inc. - Winter 2020 - 3
Engineering Inc. - Winter 2020 - FROM ACEC TO YOU
Engineering Inc. - Winter 2020 - 5
Engineering Inc. - Winter 2020 - MARKET WATCH
Engineering Inc. - Winter 2020 - 7
Engineering Inc. - Winter 2020 - LEGISLATIVE ACTION
Engineering Inc. - Winter 2020 - 9
Engineering Inc. - Winter 2020 - THE PRIVATE SIDE
Engineering Inc. - Winter 2020 - 11
Engineering Inc. - Winter 2020 - 12
Engineering Inc. - Winter 2020 - 13
Engineering Inc. - Winter 2020 - 14
Engineering Inc. - Winter 2020 - 15
Engineering Inc. - Winter 2020 - 16
Engineering Inc. - Winter 2020 - 17
Engineering Inc. - Winter 2020 - GROWTH CONTINUES IN LIFE AND HEALTH SCIENCES SECTOR
Engineering Inc. - Winter 2020 - 19
Engineering Inc. - Winter 2020 - 20
Engineering Inc. - Winter 2020 - 21
Engineering Inc. - Winter 2020 - TRANSIT-ORIENTED DEVELOPMENTS ON THE FAST TRACK
Engineering Inc. - Winter 2020 - 23
Engineering Inc. - Winter 2020 - 24
Engineering Inc. - Winter 2020 - 25
Engineering Inc. - Winter 2020 - PRESIDENTIAL CANDIDATES DISCUSS INFRASTRUCTURE
Engineering Inc. - Winter 2020 - 27
Engineering Inc. - Winter 2020 - 28
Engineering Inc. - Winter 2020 - 29
Engineering Inc. - Winter 2020 - 30
Engineering Inc. - Winter 2020 - FAIR WARNING
Engineering Inc. - Winter 2020 - 32
Engineering Inc. - Winter 2020 - 33
Engineering Inc. - Winter 2020 - 34
Engineering Inc. - Winter 2020 - 35
Engineering Inc. - Winter 2020 - ACEC OKLAHOMA PROFILE
Engineering Inc. - Winter 2020 - 37
Engineering Inc. - Winter 2020 - 38
Engineering Inc. - Winter 2020 - 39
Engineering Inc. - Winter 2020 - CULTIVATING STEM
Engineering Inc. - Winter 2020 - 41
Engineering Inc. - Winter 2020 - 42
Engineering Inc. - Winter 2020 - 43
Engineering Inc. - Winter 2020 - IN THE NEWS
Engineering Inc. - Winter 2020 - 45
Engineering Inc. - Winter 2020 - MERGERS AND ACQUISITIONS
Engineering Inc. - Winter 2020 - 47
Engineering Inc. - Winter 2020 - RISK MANAGEMENT
Engineering Inc. - Winter 2020 - MEMBERS IN THE NEWS
Engineering Inc. - Winter 2020 - 50
Engineering Inc. - Winter 2020 - 51
Engineering Inc. - Winter 2020 - 52
Engineering Inc. - Winter 2020 - Cover3
Engineering Inc. - Winter 2020 - Cover4
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