Jude 2

Economists Criticize Clinton, McCain Gas-Tax Plans
http://www.bloomberg.com/apps/news?pid= ... =worldwide

Columbia University economist Joseph Stiglitz, former Congressional Budget Office Director Alice Rivlin and 2007 Nobel winner Roger Myerson are among those who signed the letter calling proposals to temporarily lift the tax a bad idea.

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Reading between the lines. It must be a FANTASTIC idea. Let's do it immediately. Call or email your Senator and Congressman ASAP!!!

The problem with repealing the federal gas tax is that about half of the states (TN being one of them) have a law that states that the state gas tax will automatically increase to make up the amount if at any time the federal tax is taking away.

So, for states like TN, if they do this, we will not get any break whatsoever at the pumps. We will continue to pay the same price.

Some analysts say we should raise the gas tax, not lower it. People would use less (theoretically), lessening demand, which would lower prices.

Stupid.

I could care less whether we get the holiday (we won't). The 18 cents a gallon would be hardly noticable since summer prices will continue to climb. I do, however, like any talk about cutting any kind of tax.

Mr Danger.. then it looks like you need to contact your local representatives and give them an ear full!! That's ridiculous.


The KEY word here is CUTTING taxes to relieve the burden on Americans. If this key concept takes root.. oh happy day! This is the REAL reason Obama can't agree with it.

I believe that is starting to happen. People are just learning about this law. If I remember correctly, they have said it is 32 states have this same law. Everybody better start checking their states.

Our governor lifted our state gas tax temporarily several years ago when prices went through the roof during the Iraq War. He won reelection in a landslide.

rjjunior wrote:I could care less whether we get the holiday (we won't). The 18 cents a gallon would be hardly noticable since summer prices will continue to climb. I do, however, like any talk about cutting any kind of tax.

Yep, The Seattle PI reports that it would save the average driver here in Washington approx $28 while costing us nearly $128 million in lost highway repair funds. Not worth it to me.

Keep my $28 and find a way to make us less dependant on foreign oil and lower gas prices.

Paully_44 wrote:
Keep my $28 and find a way to make us less dependant on foreign oil and lower gas prices.

They already know the way, they just won't do it. Start harvesting oil domestically. We've got more oil in the US than you can shake a stick at but the Democrats are so owned by the environmentalist wackos, that we'll never be able to use it.

Paully_44 wrote:

rjjunior wrote:I could care less whether we get the holiday (we won't). The 18 cents a gallon would be hardly noticable since summer prices will continue to climb. I do, however, like any talk about cutting any kind of tax.

Yep, The Seattle PI reports that it would save the average driver here in Washington approx $28 while costing us nearly $128 million in lost highway repair funds. Not worth it to me.

Keep my $28 and find a way to make us less dependant on foreign oil and lower gas prices.

Paully,
It's not always a zero sum loss. Cut other ineffective programs and get the tax money from somewhere else. Restructure Govt however possible so that it WORKS for us and the burden is light.

DaJudge wrote:We've got more oil in the US than you can shake a stick at

Y'all keep saying that but it just ain't true.

Really Forestwalker? According to an individual in charge of the oil reserves in the US was interviewed on The Phil Valentine Show. She stated two key points.

1. We have more oil than they do in the Middle East that is verified.
2. The technology that is used today is not harmful to the environment like it was 30 years ago when a lot of the laws were passed against drilling in those areas.

MrDanger wrote:that is verified

By whom?

forestwalker wrote:

DaJudge wrote:We've got more oil in the US than you can shake a stick at

Y'all keep saying that but it just ain't true.

Sez whom?

Heh. All that I've read says that there are certainly untapped reserves but not anywhere near enough to meet our current consumption levels. It would be nice if that were not correct, but I'll need more than a reference to an anonymous guest on a talk radio show to bring what seems to be the consensus opinion into question.

forestwalker wrote:Heh. All that I've read says that there are certainly untapped reserves but not anywhere near enough to meet our current consumption levels. It would be nice if that were not correct, but I'll need more than a reference to an anonymous guest on a talk radio show to bring what seems to be the consensus opinion into question.

It wasn't EXACTLY an "anonymous guest on a talk radio show"... it was "an individual in charge of the oil reserves in the US" Just because he didn't remember the NAME of the person...