| May 1 @ 10:21 AM |
Gas Tax Holiday
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willsmalto
Posts: 3,631
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The temporary suspension of the federal gas tax for a short period of time is total bull. McCain and Clinton are for while Obama and some of us are against. For this short period of time, it's like saving $20-30 (half a tank of gas). This is nuts and quite obviously politics. Something tells me they, Clinton and McCain, are in favor of this just to get elected.
Is this what we need from the next president?
McCain later admitted that this is not really going to do us any good. I think what the american people need is a long term solution.
any comments, folks?
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| May 1 @ 11:56 AM |
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eastham
Posts: 6,341
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I was listening to several economists discuss this last night. The tax cut, which is very temporary, will not realize much in the way of savings. Furthermore, it will wreck havoc with the funding of our highway trust fund, and if McCain's proposal were enacted, it would add an enormous burden to our already gargantuan federal deficit and debt. McCain would simply pay for it out of general revenue -- as general revenue is not covering our costs, it will only add to the federal deficit.
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| May 1 @ 3:00 PM |
Gas Tax Holiday
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lefthandedluckie
Posts: 5,081
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The best thing to be done is stop buying for the Strategic Petroleum Reserve. Which Bush has continued un-abated since he has been in office. Plus, he has increased the buying. This type of policy by our president has helped immensely to create the problems we are facing today.
Another is to start selling off oil from this Reserve over multiple months in order to drive down the price! This will give long term relief! More oil into the market place will create an excess. Thus, driving down demand at the stock market and thwart Big Oil and the speculators they are paying to keep the price inflated!
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| May 1 @ 3:15 PM |
Gas Tax Holiday |
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Nightowl001
Posts: 4,134
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According to what I heard John McCain say (I didn't research it further), at an average 20,000 miles per year and an average 15 miles per gallon, the average driver buys 1300 gallons of fuel a year. In an entire year, the savings of 18 cents per gallon would amount to less than $250 per driver. Multiply that by 150 million drivers, however, and you're talking real money. So we'll take real money from Federal Highway funds, paid by drivers with the intention that it go to maintain the roads they drive, but dole it out in such small bits that it won't amount to an extra tank of gas a month.
I don't know what to do about high gas prices, but I know that despite all the rhetoric, it is being driven more by speculation in oil prices than demand, and the only reason speculators are paying higher prices is because they are afraid someone else will beat them to it, because they have been led to believe there is a shortage. It's the equivalent of a "bank run" on oil. And the boys at the top are all happy as punch about it, because it isn't costing them a penny more to pump it out of the ground than it did last year. It's pure profit to those who actually control the drilling and refining operations.
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| May 1 @ 3:20 PM |
Gas Tax Holiday
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eastham
Posts: 6,341
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And the $250 is only realized if the price of gas declines 18 cents! What if it doesn't and the oil companies maintain the inflated prices.
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| May 1 @ 3:51 PM |
Gas Tax Holiday |
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lj450
Posts: 8,399
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I think they should double the cigarette tax (sin tax?) and use it to offset a lower gasoline tax. We HAVE to drive, but many CHOOSE to smoke.
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| May 1 @ 4:25 PM |
Gas Tax Holiday
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SunBabe
Posts: 12,251
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No, SOME of us choose to smoke, and choose NOT to drive.  (and they already doubled and tripled the cigarette tax...and squandered the Tobacco Settlement money on everything other than what it was intended for: prevention/education and subsidizing/compensating state's health care for uninsured smokers)
Masterbation Tax would be a better alternative. 
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| May 1 @ 4:29 PM |
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Nightowl001
Posts: 4,134
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We HAVE to drive, but many CHOOSE to smoke.
You chose where to work and where to live. You choose to drive rather than ride a bicycle, take public transport or walk.
The honest-to-God truth is that I have not put gas in my car since last December. And I still have 3/4 tank. And it's because I chose to live in a small town and work from home. You don't hear me complaining that those who will "benefit" from a gas tax decrease would benefit much more because they drive more than I do. Frankly, the only real beneficiaries would be people who drive all day every day, like self-owned cabbies and truckers. Perhaps those jobs should be given some kind of accounting and tax rebate based on their gas purchases for the year, and just leave the rest of it alone.
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| May 1 @ 6:16 PM |
Gas Tax Holiday
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lj450
Posts: 8,399
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Texas is a little bigger than you people think.
Are you suggesting that everyone who is struggling to make ends meet while working at walmart and taco bell should just quit and work from home?
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| May 1 @ 6:21 PM |
Gas Tax Holiday |
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Paralegal_at_Law
Posts: 5,068
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Hey, I have a great idea; lets conquer Iran and confiscate their oil.
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| May 1 @ 6:42 PM |
Gas Tax Holiday
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Nightowl001
Posts: 4,134
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Are you suggesting that everyone who is struggling to make ends meet while working at walmart and taco bell should just quit and work from home?
Oh, my goodness. ANOTHER conservative trying to imply I said something I didn't!
I was pointing out that where you live and where you work are as subject to choice as whether or not you smoke.
I'm beginning to notice a distinct correlation between a lack of ability to read and comprehend English and ultra-conservativism. Does this have something to do with the other psychological disturbances discovered to be associated with conservative views? Perhaps this is a more-broadly based disorder than we thought. 
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| May 1 @ 6:54 PM |
Gas Tax Holiday |
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Paralegal_at_Law
Posts: 5,068
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Hey, I have a great idea; lets conquer Iran and confiscate their oil. Sounds better every time I hear it. |
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| May 1 @ 7:16 PM |
Gas Tax Holiday
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kattsmeow
Posts: 21,272
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Para,,( Venezuela is closer)
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| May 1 @ 7:22 PM |
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Paralegal_at_Law
Posts: 5,068
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Great idea, lets invade and occupy Venezuela, hang Chavez, and toast to our success.
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| May 1 @ 7:25 PM |
Gas Tax Holiday
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ThangelM8
Posts: 2,393
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Gas tax holiday...............to sum it up in one word.........RIDICULOUS!!
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| May 1 @ 7:27 PM |
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Paralegal_at_Law
Posts: 5,068
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What we NEED is to seize foreign oil reserves, ASAP.
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| May 1 @ 7:36 PM |
Gas Tax Holiday
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ThangelM8
Posts: 2,393
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If this continued gas crunch continues, the manufacturers of liquor cycles (mopeds) will make a killing. Who will be able to afford gas for cars; other than the rich?!?! Trying to put a bit of humor into this very serious situation.
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| May 1 @ 8:46 PM |
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Paralegal_at_Law
Posts: 5,068
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I think congress should make it part of the military code that whenever a foreign power is invaded and occupied, that hostilities shall continue until the foreign nation surrenders and that the surrender document shall contain a provision reimbursing the USA for the war.
We really needed that in Iraq, but there is time to do it right with regard to Iran and Venezuela.
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| May 1 @ 8:54 PM |
Gas Tax Holiday
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kattsmeow
Posts: 21,272
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Great idea, lets invade and occupy Venezuela, hang Chavez, and toast to our success.
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| May 1 @ 8:57 PM |
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Paralegal_at_Law
Posts: 5,068
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