Democrats will propose eliminating federal gas taxes for sixty days?

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[mtnwmn]

Not to mention the possibility of new hurricanes! I think people who can do their jobs at home via the computer should be allowed to do so.....at least a couple of days per week. This would save on consumption and help out working folks.

[TexanByBirth]

Democrats will propose eliminating federal gas taxes for sixty days

Democrats will then complain about the drop in federal revenue! They will then propose more taxes to make up for the lost revenue.

Same old story!

[calex59]

They don't need to offset revenue, they need to cut spending and waste, or are you like Delay and think there is no room for more spending cuts?

[Mike Darancette]

Democrats will propose eliminating federal gas taxes for sixty days?

Then probably double them for a like period, and then whine about a tax cut when the tax gets back to the regular level.

[calex59]

People who say the demand for gas will go up with price drops or down when price goes up are kidding themselves. Gas use changes very little with price. People still have to work, get their kids to school, games, practices and other events. They will still burn gas when it is high. Lowering the price will not increase demand significantly. On top of that it is hard for average person to go out and buy a new more gas efficient car. Gas is not an elastic commodity.

However, the price will not stay down as the gov will take incentives away from the oil companies and they will add it to the price and we will be right back where we started. Same thing applies to "windfall" taxes. We will pay in the long run and gov will reap the profits.

This is about government stupidity and greed and has very little to do with free market enterprise. Take off the restrictions and let the market roll.

[<1/1,000,000th%]

It's the same thing they proposed in 1999. Didn't stick.

[Txsleuth]

Thanks for the info....I am trying to learn what I can.

[Osage Orange]

LOL!!

[HamiltonJay]

Enjoy the potholes next spring......

Of course, isn't this the Dems admitting that taxes affect the market? I thought they swear up and down that it doesn't adversely affect things to tax them.

[absolootezer0]

let the dems propose it temporarily, then W can try and make it permanent.. then he gets to say "shutup you jackasses, it was YOUR idea in the first place"

[misterrob]

Excuse me?????

[CGTRWK]

The gas tax is about as close to a usage fee as there is under our tax system. You use the roads, you pay to keep them up.

Cut the gas tax and you're just shifting the burden of paying for the roads from actual drivers to income tax payers instead.

Replace a fair tax with a progressive subsidy, of course the Dems should be in favor of this.

[Labyrinthos]

Any politician who couldn't use the current oil prices to push through ANWR and off-shore drilling is inept!

Except drilling in ANWR and the Gulf of Mexico will have little effect upon the current price structure because the pricing is currently driven by speculation and fear, rather than supply and demand. If you want to knee-cap the speculators, then increase the margin requirements for futures contracts so that speculating on the price of oil becomes even more costly and risky.

[MHGinTN]

There is trillion barrels of oil in Shale in the Western U.S. With oil at` seventy dollars a barrel the recovery is easily doable. As those billions and billions of barrels of oil come from the shale, even moderate taxes on the gas will net huge amounts ... and the key is for the democraps to stop killing refinery building because the U.S. will become a major exporter of oil in the next ten years and with better refinery capacity here we won't be importing Saudi refined fuels or strapped to the maniacs in the Middle East for our energy supplies. BTW, I agree it will be hard to put the taxes back but some will be necessary for federal funding. And it goes without saying that new spending programs have got to be stopped at the pork barrels from both parties.

[thackney]

Democrats will then complain about the drop in federal revenue! They will then propose more taxes to make up for the lost revenue.

No problem. 15% royalties on 1,000,000 barrels a day out of ANWR at $50 a barrel is 4.5 time more money than the generate on the 18.4¢ per gallon on the 9.1 millon gallons per day we consume. Everybody wins!!!

[CGTRWK]

People who say the demand for gas will go up with price drops or down when price goes up are kidding themselves. Gas use changes very little with price. People still have to work, get their kids to school, games, practices and other events. They will still burn gas when it is high. Lowering the price will not increase demand significantly.

You aren't going to significantly cut demand overnight, or even over a year. But you have to start somewhere. Gasoline consumption in March fell 0.6% year on year. SUV sales are off for the first time in years. Car shoppers care about mileage again for the first time in 25 years. It's a good start.

[thackney]

drilling in ANWR and the Gulf of Mexico will have little effect upon the current price structure because the pricing is currently driven by speculation and fear

Fear of not enough oil and speculation of supply not meeting demand. More oil sources would greatly reduce this problem.

[RetiredArmy]

Dems fishing for November votes.

[ClaireSolt]

" As people cannot easily move from one residence to another, move from one job to another, or easily change vehicles oil has an inelastic demand curve."

However, each person is different. So when some respond by moving, changing cars, or modifying driving it will decrease the deamnd and hence the price. Those most impacted are the most likely to make changes.

[Buckeye McFrog]

as far as I can tell, W did not mention ANWR once in his statement today, hence the GOP has already blown it