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To: ichabod1

“consumption dropped by 10% last month, year over year.”

And because of less consumption, the liberals in congress want to raise gasoline taxes to make up for lost revenue.

http://www.freerepublic.com/focus/f-news/2053748/posts


65 posted on 07/30/2008 1:44:12 PM PDT by Graybeard58 (Ich bin ein Berloser - Barak Hussein Mohammed Obama)
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To: Graybeard58
Here is a novel thought. Drill like crazy, lower the price to mid 1990's prices and watch the consumption go up. The revenue from the increased consumption with fill the state and federal coffers.

Come to think of it, it seems this happened to Federal tax revenue when marginal tax rates were reduced. Amazing how econ 101 works.

158 posted on 07/30/2008 5:29:32 PM PDT by Born In America (I question Europeon judgement when it comes to electing leaders, ie., Mussolini, Hilter, etc.)
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