Albuquerque, NM

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Steve

State DOT will seek 25-35% hikes on vehicle registration, new EV car fee to fund road repairs - New Mexico Political Report (nmpoliticalreport.com)

submitted 1 month ago by Steve to c/abq@lemmy.world

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AI Summary:
"New Mexico's Transportation Department plans to propose a 25-35% increase in vehicle registration fees and a new surcharge for electric vehicles to raise funds for road repairs. This proposal aims to address rising construction costs and declining revenues. Transportation Secretary Ricky Serna highlighted the need for these changes to maintain infrastructure, as fuel efficiency standards are reducing gas tax revenues significantly."

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[–] Steve 3 points 1 month ago

I have a dry sense of humor.

But yah. That's literally always and everywhere how things work. People who do pay, over-pay for those who don't. Car insurance has a specific additional coverage for when the person "at fault" isn't insured. Most stores have "shrinkage" rates of around 2-5%. Which means everyone pays that much extra to cover the cost of theft.