Boxer's bill calls for $55 Billion a year for 2 years.
Guess who's backing Boxer in this? UNIONS!
The Laborers’ International Union of North America has promised a vigorous campaign during the congressional recess to build support for Boxer’s bill.
There are going to be a lot of angry voters if they don't first clean house. People who are clueless now will pay attention when they feel the painful bite of new gasoline taxes.
You can expect the States to follow with their own gas tax.
After all we “pay less in gas taxes than Europe.” That’ll be the mantra. And they'll talk about improvements and repairs to the roads and bridges and how we need more public transportation and how people should be “encouraged” to use it. And on and on.
Also, will they continue to use the revenues on the roads or will it be put into the general fund? Lemme guess....
I hate to break the news to all you people out there, but this bickering on the gas tax will be child’s play compared to what’s around the corner as we get to the edge of the cliff regarding the dollar. One of two things HAS to happen:
1) The dollar dives and gas goes to about $9.00 per gallon.
2) The dollar doesn’t dive and gas goes to about $7.00 per gallon.
The first one is obvious, as once gas is priced Yawns, or some other currency, we will have to keep paying more for it. The second one is what MUST be done to prevent a collapse of the dollar - which is tax the crap out of the Middle Class ($4.00 per gallon on gas, maybe 12% for a VAT). That is the only way that we will have a chance at paying for the welfare programs that Americans DEMAND (and yes, FReepers too, particularly with regard to Social Security).