Posted on 03/03/2010 5:33:00 AM PST by RogerFGay
To meet the Obama administrations targets for increasing fuel taxes, researchers say that Americans will have to pay $7 for a gallon of gasoline; about 17 percent more than drivers in green-conscious and generally highly taxed Sweden.In their study, researchers at Harvards Belfer Center for Science and International Affairs devised several combinations of tax increases to address 70 percent of the oil used in the United States. The combinations were selected to match fuel consumption reduction targets. Most of their models assumed an economy-wide carbon dioxide tax starting at $30 a ton in 2010 and escalating to $60 a ton in 2030. In some cases researchers also factored in tax credits for electric and hybrid vehicles, taxes on fuel or both.
Fuel Taxes Must Rise, Harvard Researchers Say
$7/gallon gasoline = major depression
Bush was vilified for being a stooge of the big oil buddies. But now Obama and his policies will make some Muslim oil Sheiks much richer.
Regardless, $7 gas is going to go over with the American people like a tricked out Saudi private 747 WITHOUT the optional gold toilets installed...
Bill Clinton is a reminder that a great education delivered to a morally bankrupt jack-a-billy was a totally wasted experiment.
Bill never has to worry about being remembered for being a scholar.
How much more proof do we need that Obama’s goal is to dismantle the U.S. economy one brick at a time?
Our enemies must be squealing with delight.
People will refuse to pay this amount,Polititians will be lynched on every street corner!
They must sing for their supper.
It is the Chicagoland way
Methinks we better get preemptive!
See post 47
One brick at a time? How about he is throwing out the baby WITH the bathwater.
Obama seems to want America to be more like Haiti a Third World country turning Americans into savage beasts and looters.
The man child is WAY over his head.
Unlikely.
The economy will collapse if gas gets to $7 a gallon. In fact, it would collapse at $5 a gallon.
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I believe this is Dear Leader’s intention.
yuppers...
add it up.....
increased costs at the farm level
increased distribution costs
increased heating costs, heating oi, nat gas for the underwater and soon to be underwater homeowners
increased costs for the underwater and soon to be underwater to get to work
Its about destruction of the US economy.
Its about war on America!
Another nail in the US of A and western democracies
This will stop come November.
Some how, I don't trust the electorate to do the right thing. I think we passed the line long ago and too many people enjoy voting themselves the treasury along with willing politicians.
The rinks will not have any margins, ice time will go through the roof.
I do not see any co-generation unit that burns Natural Gas on the horizon of photo-voltaic solar cells that will offset this constant cost.
Then again their still is an Olympic Czar and don't ask me where I think that one is going....
Look what happened at $4 per gallon.
And remember 0.0's statement about being fine with gas prices at that level, his only regret was that the price went up too quickly.
Then add in the per capital contribution to the new debt that Obama has saddled the nation with....
Its not long before Nellies back gives out!
Worst part? Its all intentional. All part of his NEFARIOUS plans for America.
Its not about leading America, but, rather, destroying her.
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