Here’s a thought: All hurricane-prone states from Texas to Maine impose an additional per-gallon gasoline tax of 2 cents to 5 cents to be collected and placed in a “Rainy Day Fund” to be used, in addition to FEMA assistance, for hurricane recovery if and when a storm comes ashore in one or more of the taxed states.
The additional gasoline tax is paid for by citizens who choose to build homes and businesses in coastal areas as well as those who vacation and visit there. How far inland the tax would be collected I would leave to others. I would further suggest that other states subject to wildfires, earthquakes, spring flooding, etc., collect a like tax in areas most effected by natural disasters. This would be a fairer way to deal with recovery from such events that are unique to one’s chosen location to live.
Questions: Who should administer such a fund? The cities, counties, states or the federal government?
And, should the tax monies be applied to local infrastructure repair and replacement, or be used to reduce the states’ wind-pool premiums or a possible new wind-driven water insurance and even flood relief for inland area floods caused by hurricanes, such is the case now in Texas? Or perhaps all of the above?