To: Lokibob
Lets see, 42 cents on $2.00 gallon gas is 20%, roughly.But it isn't the tax on gasoline that's increasing -- at least not around here. We've gone up 42 cents in the past three months without the help of any new tax measures.
To: pickemuphere
It's called supply and demand :) But the fastest form of relief can be given by lowering taxes. That wouldn't require new drilling, or refinery building. That relief could come immediately.
14 posted on
05/16/2004 6:07:12 AM PDT by
mewzilla
To: pickemuphere
I realize that, but, isn't 20% a very high figure for taxing any commodity? And if the price comes down to $1.50/ gal, it rises to 28% as a tax.
Imagine if milk was taxed at 20%, or your bottled water, or your soda pop.
If the national sales tax were 20%, the world would dive into a depression so fast, it would be unbelievable.
If the government wants to give this country a shot in the arm, cutting the tax on gasoline by 50% would be an immediate boost.
16 posted on
05/16/2004 6:19:15 AM PDT by
Lokibob
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