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Federal policymakers should develop a comprehensive system for financing Long-Term Services and Supports (LTSS) that includes a new social insurance program to provide a basic level of LTSS.
Ideally, the federal government should finance LTSS through a universal, comprehensive, and publicly administered program such as Medicare or similar social insurance program of shared risk. <
There is an increasing interest in taxes on energy consumption.
Policymakers should take action to raise revenues, promote energy conservation, and reduce climate change.
Carbon taxes or cap-and-trade systems that would increase energy-related and other prices must include measures to compensate for regional differences in energy costs and to adequately protect cons
Excise taxes are sales taxes on individual commodities, services, or transactions such as motor fuel, cigarettes, or home sales. For example, motor fuel taxes fund highways.
Motor fuel taxes should be indexed for inflation and increased as necessary to fund transportation infrastructure and services.
Excise taxes on individual commodities, such as tobacco or alcohol, should at least keep pace with inflation. One way to do this is by levying them on an ad valorem basis.
Property tax relief should be equitable, cost-effective, and targeted to homeowners with low and moderate incomes burdened by their property tax bill.
Enhancing livable communities—through projects to improve transportation options, ensure more affordable and accessible housing, and build and maintain public spaces such as parks—requires both ade