GASOLINE PRICES AND FEDERAL TAXATION

Due only to the fact that congress moves slowly, some of the nation’s drivers may have a chance to evaluate the proposed federal gasoline tax increase and make some noise. Back in January of this year, shortly after returning from their Christmas break, Sens. Bob Corker (R) and Chris Murphy (D) proposed a boost of 12 cents per gallon to the 18.4 cent federal gasoline tax.  This is to be phased in over the next two years.

It was agreed that the opportune time to gouge the American public levy a tax increase is when we’re not looking gasoline prices are down. If it’s done incrementally, starting when prices are affordable, the stupid voters won’t notice. At a press briefing, our friend Ms. Pelosi stammeringly offered, “I do think that if there’s ever going to be an opportunity to raise the gas tax, the time when gas prices are so low – oil prices are so low – is the time to do it”.

Just as with the pending Ice Age scare of the 60s that became the current Global Warming alarm, there is never a thought to natural or even controlled fluctuation. Since January, gasoline prices that have rebounded as much as 50 cents per gallon nationwide are projected to continue rising through mid-year.  Workday commuters already notice less money at the end of the pay period again. That’s without the proposed taxes.

A moderate additional tax on gasoline would certainly be reasonable if the revenues were actually used to improve or beautify our interstate highways, roadways and bridges. However, there is never a guarantee from the federal government that the money will actually be used for such.

I could be wrong, but I think it was Newton who said, “For every government program, there is an unequal and opposite controlling event”.

Q. What happened to the fund that was built out of the 18.4 cent per gallon tax?

A. Deferred highway maintenance allowed legislators to divert the money from Transportation and Safety to transporting illegal aliens to their ultimate U.S. destination and comprehensive studies to determine why ducks waddle across country roads.

In short, there’s another election on the horizon and more money is now needed to line the pockets of cronies and political donors. Reasonable gasoline prices are currently the most fitting target.

Don’t let them get away with another tax scam. After all, don’t you need what’s left of your money to pay the premiums and co-pay for your “affordable” health care?

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One Response to “GASOLINE PRICES AND FEDERAL TAXATION”

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