Which of the following statements is true regarding taxation and the cost of building and maintaining roads over the past twenty years?

Question

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Tax revenue for highways has not kept up with the increasing costs of building and maintaining roads. This has been a major issue in Texas, which has experienced significant population growth and increased demand for transportation infrastructure. Despite this, the state gasoline tax has not been adjusted since 1991, and the federal gasoline tax has not been increased since 1993. As a result, the funds available for highway construction and maintenance have not kept pace with the rising costs of materials, labor, and other expenses.

Which of the Following Statements Is True Regarding Taxation and the Cost