Democrats will propose eliminating federal gas taxes for sixty days?

Talk Radio Daily ^

[talkradiodaily]

Isn't this like Republicans working to grow Federal bureaucracy? Oh, wait. Never mind.

[TFMcGuire]

60 days?

How magnanimous of them!

They insult us with their paltriness.

The damnable elitists!

[Wristpin]

I truly don't understand the milquetoast strategy. It's killing him!

[calex59]

Yes, it is a start, but what I am saying is the demand will not go up significantly if the taxes were dropped. The problem would be that we would get stiffed anyway because the gov would drop incentives to the gas companies and we would pay the cost increase. Same old, same old. We need to drop regs and let the market find it's place when drilling, new refineries and increased production(not to mention lessing dependence on people who hate us)settle in.

[Trust but Verify]

Just so you understand this will not lower the price of gasoline one cent. Not one cent. And on top of that, it may result in shortages.

Is there nobody who understands that if you increase demand without increasing supply you will cause shortages followed by an increase in price to turn back demand?

I'm as against taxes as much as the next guy, but this is not the solution to the problem. Government NEVER solves the problem. The free market does.

[ShandaLear]

No, no, no. If Bush would have proposed this, they be in opposition to it all the way citing the problem with supply and demand.

[MikeA]

Very true. And they'd be calling it a "tax give-away to the rich." And of course we'd be hearing all over the news analysis of how it will blow a hole in the deficit...

[don-o]

Total nonsense. All this does is cut off the revenue stream to the junkie governments who are addicted to MONEY

Will they kick the habit with decreases in spending? You know the answer. Sean embarrassed himself touting this today.

[Muleteam1]

It's been many years since I took Economics 101 but I don't buy this scheme either. Everyone seems to think the cost of the Federal and State taxes will be subtracted from each gallon of gas they purchase. Giving an auto importer a break on the import taxes they normally pay to import a classic Mercedes SL does not lower the price of that car in the marketplace. The marketplace could care less what the cost of production is. Lowering the tax to produce the Mercedes only means that the auto importer will reap more in profit. I suppose one can hope that the used car saleman will pass his savings on to them but they had better not hold their breath for oil investors to do the same. When the Democratic devils offer anything with their left hand, you had better pay attention to their right hand with the knife.

Muleteam1