Keep conserving
Personally, I object to a tax policy that gives a multi-thousand dollar check to the buyer of a 25mpg hybrid truck but tells the buyer of a 40mpg auto to take a hike.
On a related note, I think that this would be an excellent time to raise the gasoline tax. Only high prices will reduce our trade deficit for foreign oil. God only knows, a government that is going to run a 1 million million dollar (trillion is meaningless to most people) deficit (some estimates) could use the money. If we added $0.50/gallon now gas would still be relatively, in recent history, cheap. Add another $0.50/gal in a year or so, and we've raised a few bucks with a tax that people can opt out of.
On a related note, I think that this would be an excellent time to raise the gasoline tax. Only high prices will reduce our trade deficit for foreign oil. God only knows, a government that is going to run a 1 million million dollar (trillion is meaningless to most people) deficit (some estimates) could use the money. If we added $0.50/gallon now gas would still be relatively, in recent history, cheap. Add another $0.50/gal in a year or so, and we've raised a few bucks with a tax that people can opt out of.
Originally Posted by boltonblue,Nov 4 2008, 08:23 PM
The only concern I have about raising gasoline taxes is that the money raised should be used for infrastructure improvements, alternative fuels, mileage improvement, battery improvements and other things related to transportation.
Too much of the time, government spends tax money on pet projects or pork. If they are going to increase taxes on transportation fuels, it should go back into those efforts which move us further along towards making us more energy independent, and improving the general state of the infrastructure.
Too much of the time, government spends tax money on pet projects or pork. If they are going to increase taxes on transportation fuels, it should go back into those efforts which move us further along towards making us more energy independent, and improving the general state of the infrastructure.
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