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  • KRAUTHAMMER IS WRONG - HERE'S WHY

    12/30/2008 1:25:07 PM PST · by andrew roman · 13 replies · 514+ views
    Roman Around ^ | 30 December 2008 | Andrew Roman
    Three times in the last five years Pulitzer Prize winning columnist Charles Krauthammer has lauded the idea of raising the tax on gasoline as a way of suppressing consumption, thus - according to the theory - lowering global gas prices and reducing dependency on foreign oil. His latest construct of an idea he is obviously smitten with, published this past weekend in The Weekly Standard, calls for this new gas tax hike to be "offset" with a cut in the FICA tax, creating a "net-zero" effect.So goes the hypothesis.He breaks down the numbers this way ...The average American purchases 14...