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To: Blood of Tyrants
At this rate gas will be below $2 a gallon soon.

It's still around $2.89 in NY/CT. If it drops as low as you say, look for these money hungry state gvts to start jacking up the gasoline tax. Then when it goes back up ,and it will, watch out.

6 posted on 12/10/2014 9:21:09 AM PST by YankeeReb (Pants up!!! Don't Loot!!!)
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To: YankeeReb
If it drops as low as you say, look for these money hungry state gvts to start jacking up the gasoline tax. Then when it goes back up ,and it will, watch out.

Most states, and the fed, tax on a per-gallon basis, so the tax on 10 gallons is the same, regardless of price. These states actually make out better when prices are low, as folks tend to drive more when it costs less. As an example, Idaho's fuel tax has been 25 cents/gallon for years for both gasoline and diesel.

Way back in 1998, fuel price for regular was around $1.10 in some areas (price wars). At that point, 22.7% of the price of that gasoline was Idaho tax. Today, around my hometown of Nampa, ID, the price is around $2.69/gallon. The same tax of $0.25/gallon is now only 9.3% of the purchase price. Where I live near Albuquerque, NM is seeing prices in the low $2 range (lowest near me is $2.129/gallon).

Only a few states (CA is one) include sales tax on top of the price.

15 posted on 12/10/2014 9:38:03 AM PST by IYAS9YAS (Has anyone seen my tagline? It was here yesterday. I seem to have misplaced it.)
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To: YankeeReb; umgud; Just Lori; Libertina; Publius; PROCON; Lexinom; horatio; freebird5850; ...
"If it drops as low as you say, look for these money hungry state gvts to start jacking up the gasoline tax. Then when it goes back up ,and it will, watch out."

**"Not in CA. Starting Jan 1, we have new carbon penalties to discourage driving. Gas will go up anywhere from $.40 to $1+ per gallon. They call this our new hidden gas tax."**

WA Ping

In Washington State, greenie Governor Jay Inslee has proposed an additional $1.17 gas tax to fight global warming. He feels that dropping prices make it easier for people to pay their fair share to save the planet and it will be little burden because everyone us used to paying well over $3.00.

In spite of story after story and report after report debunking Al 'jazeera' Gore's climate hype, Inslee is holding fast and marching on.

21 posted on 12/10/2014 9:54:26 AM PST by Baynative (Did you ever notice that atheists don't dare sue Muslims?)
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