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August 5, 2014

States raise road taxes as fuel-tax funding dries up

Associated Press

JEFFERSON CITY, Mo. — For nearly a century, Missouri has taxed drivers to pay for its roads. That's always provided enough — until now. Voters will decide today on a historic change that would tax virtually everything they buy in order to yield more money for roads and bridges.

With Congress stymied over long-term highway funding, many states are taking it upon themselves to tackle the politically uncomfortable task of raising revenue for their aging transportation systems.

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