Two economists say tax hike on gas beneficial - KWWL - Eastern Iowa Breaking News, Weather, Closings

Two economists say tax hike on gas beneficial

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JOHNSTON (KWWL) -

Two economists say most people won't really notice a hike in Iowa's fuel tax to pay for highway improvements.

According to the Associated Press, Iowa State University economist David Swenson and Creighton University economist Ernie Goss made the statements during a taping of "Iowa Press" airing this weekend on public television.

Swenson says if the gas tax is increased by 10 cents, a typical family would only pay about $32 extra each year.

Goss agreed, stressing the money's benefit to Iowa's roadways and economy.  

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