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To: Phantom Lord
I guess taxation and regulation has nothing to do with the price of gas.

Tax and regulatory policies affect supply & demand.
Why would you assume otherwise?

32 posted on 04/09/2002 5:52:29 PM PDT by Willie Green
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To: Willie Green
Tax and regulatory policies affect supply & demand.

Please explain to me how Clintons sales tax increase of 4.3 cents a gallon affected the supply of gasoline.

If the tax was repealed would supply go up or down? If another 5 cents in tax was added would supply go up or down?

I suspect that supply would stay the same and the price would reflect the difference in sales tax.

33 posted on 04/09/2002 8:24:29 PM PDT by Phantom Lord
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