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This topic has been archived - replies are not allowed.
Being one of those college educated middle class "elites", I am frustrated to no end by the idiocy of this gas tax holiday proposal. In market pricing, price is determined by the amount available for sale and the purchasing power/desire of those seeking to obtain the product or service.
The tax paid on a gallon of gas makes up a portion of the purchase price but plays no role in determining price. For example, if you pay $4 for a gallon on gas and the the tax is 50cents, then you pay $4 and the remaining $3.50 goes becomes gross revenue for the supplier. If you remove the 50cent tax, the price is still $4. So how much would go to the supplier? Right, $4.
Suppose the gas tax is repealed. This would create a scenario where more could afford to purchase fuel. Good, right? Maybe not. We would still have the same amount available for sale but with more purchasers. The result? Not enough gas to go around. You would be able to afford fuel but their would be no guarantee that the fuel would be available for purchase. Ask Jimmy Carter if that is a good idea.
The reality is that the market would prevent a shortage from occuring by increasing the price 50cents so that demand was decreased to the point that only the amount of fuel available would be sold. The only difference is that the oil companies would make an extra 50cents a gallon.
Great Idea McClinton.
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340
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3/22/08
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(96 of 96)
May 9, 2008 12:56 AM
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How idiotic can you people be to take a 3 month tax break on gas as anything worth taking serious.
Its just like this 300/600 $ rebate for this past tax year.
These are election year gimicks that are being thrown at you to pull the wool over your eyes.
Your all brainwashed.
If you don't wake up you never will.
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Edited by scoobeedoo at 05/08/2008 10:04 PM PDT
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Posts:
7,544
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(95 of 96)
May 9, 2008 12:08 AM
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> Gas tax holiday is a bunch of political crap. Overall
> it won't save the average person that much and still
> doesn't address the larger problem. I say instead of
> a gas tax holiday we should all come together and vow
> not to buy gasoline for one full week.
>
> As for this tax rebate I plan on thumbing my nose at
> Mr. Bush and putting mine in its own account and let
> it earn interest for the next 100
> years........LOL
Little savings mean just that.
What are the solutions to the high gasoline prices Obama is talking about?
Did Clinton said she's going to stop with this patch. I thought I heard Clinton talked about decrease reliance on oil, funding alternative fuels, as well as taking it up to the cartels.
Nothing less than Obama, yet everyone here bought into the bullshit MSM piled on, "it's not a long term solution." NO. Really?!?!
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Posts:
7,544
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2/5/06
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(94 of 96)
May 9, 2008 12:03 AM
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> info, what are you today? neocon, paleocon, hillary
> supporter, paul supporter or porn addict?
Porn is a constant.
I switched between Clinton and neocon, which is the same, to most here.
I am still a Paul supporter on certain things. Hell, one can support everything he's all about and still have room to fill a room of liberals then some. Paul's simplicities allow blames to be placed on others with ease.
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Posts:
1,620
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(93 of 96)
May 8, 2008 11:37 PM
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> Get use to it she will be the Democratic Party's
> nominee...
>
> ahaahahaahhahaha
i'm pretty sure you're wrong about that.
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"We mutually pledge to each other our Lives, our Fortunes, and our sacred Honor"
--Declaration of Independence
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Posts:
2,233
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4/21/04
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(92 of 96)
May 6, 2008 11:06 PM
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Gas tax holiday is a bunch of political crap. Overall it won't save the average person that much and still doesn't address the larger problem. I say instead of a gas tax holiday we should all come together and vow not to buy gasoline for one full week.
As for this tax rebate I plan on thumbing my nose at Mr. Bush and putting mine in its own account and let it earn interest for the next 100 years........LOL
Peace, If not now......................When??
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If it is not advantageous, do not move. If objectives cannot be attained, do not employ the army. Unless endangered do not engage in warfare. The ruler cannot mobilize the army out of personal anger....When it is advantageous, move; when not advantageous, stop. Anger can revert to happiness, annoyance can revert to joy, but a vanquished state cannot be revived, the dead cannot be brought back to life.....
Sun-Tzu
Art of War
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Posts:
11,752
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11/27/04
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(91 of 96)
May 6, 2008 10:55 PM
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info, what are you today? neocon, paleocon, hillary supporter, paul supporter or porn addict?
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100
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Posts:
3,057
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(90 of 96)
May 6, 2008 10:52 PM
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Get use to it she will be the Democratic Party's nominee...
ahaahahaahhahaha
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1,620
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2/22/08
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Posts:
1,620
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2/22/08
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(88 of 96)
May 6, 2008 10:45 PM
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my god she's spouting this bullshit about the gas tax holiday again as i speak during her probable-victory speech in indiana.
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"We mutually pledge to each other our Lives, our Fortunes, and our sacred Honor"
--Declaration of Independence
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Posts:
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(87 of 96)
May 6, 2008 1:11 PM
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> how about hillary claiming nafta as political
> victory, or her approval for credit card companies to
> raise intrest rates, or clintons hireing sandy berger
> to steal neg info on them out of national archives,
> or hillary's approval for more loop holes in nafta
> cafta, or her land scam deal known as white water
> when she was a supposed first lady, if wasn't for
> bubba who is idiot philanderer, that x was supposed
> to be a first lady wouldn't be where she is, whens
> women movement actually going to find a lady that is
> electable got there on her own merits,,,,,, a
> challenge to the ladys, but finding a lady in
> politics might be hard to do, so guess hillarys close
> enuff for gov't work of the past.....
NAFTA needs some work. Please keep in mind there are two major unions EU and BRICS coming at us at full speed.
Please don't go into bros before hos right now.
The rest of the rumors are all just non-racial, non-sexual, non-sensational white collar discrepancies, so no big shit. They are just a little blurps on the screen.
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Posts:
1,604
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2/28/08
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(86 of 96)
May 6, 2008 1:02 PM
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how about hillary claiming nafta as political victory, or her approval for credit card companies to raise intrest rates, or clintons hireing sandy berger to steal neg info on them out of national archives, or hillary's approval for more loop holes in nafta cafta, or her land scam deal known as white water when she was a supposed first lady, if wasn't for bubba who is idiot philanderer, that x was supposed to be a first lady wouldn't be where she is, whens women movement actually going to find a lady that is electable got there on her own merits,,,,,, a challenge to the ladys, but finding a lady in politics might be hard to do, so guess hillarys close enuff for gov't work of the past.....
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reality is not lies, if censorship of History recorded it right...
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Posts:
7,544
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2/5/06
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(85 of 96)
May 6, 2008 1:00 PM
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Just got back from the pump at Costco.
$3.8x and premium is $4+
Something is most definitely wrong when items you can't stock are leading the inflation.
The word out in Los Angeles wholesale district is, everything in China have almost doubled and we'll be seeing the effect in about 1-2 mos.
I don't give a shit about China's economic well-being, but until we see factories start going up in the states, the poor will be paying.
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Posts:
7,544
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2/5/06
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(84 of 96)
May 6, 2008 12:53 PM
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> > basically, the clinton campagin's defense
> against
> > logic is essentially "ooohhh, look at the
> smarty
> > pants elitist who thinks he's such a genius."
>
> That's really the base problem. For instance, when
> Bush/Cheney (and yes, Clinton) were deciding to move
> on Iraq, the experts (yes, those people who know the
> middle east, have degrees, ect.) all warned of the
> very thing that we are experiencing now. She may
> call them elitist, or anything else, but to not
> listen to them is foolhardy as we have found in
> recent experience. I don't want a common man running
> the US, or anybody who pretends to be a common man.
> Have you met the common man? He's stupid. I want the
> most elite motherfucker out there in charge. I want
> somebody with four PhD's and who owns a collection of
> smoking jackets, wears a monocle, and went to charm
> school. Time for the smart kids to take over -- they
> tend to listen more and shoot beers less.
You don't get it, do you?
I like to see Obama defend this further on TV.
Come on.
Do it.
He'll be tagged with anti-progressive taxation.
Clinton 08
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11,752
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(83 of 96)
May 6, 2008 12:49 PM
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> Obama, the
> Economists and the Gas Tax Holiday!
>
&
mark, i have to disagree with your video there, old pal.
lots of economists are already saying we are in a "recession" even though nothing reported has recessed yet and i did hear, see, read etal oil company execs say they would raise prices as high as they could, as soon as they could every time.
cutting the gas tax would have to include a moratorium on raising gas prices and no one.....i mean no one on this planet is going to stop that from happening, least of all the giant nitwit in the oval office or the vested cabinet members or the lobbied congress.
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100
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Posts:
1,604
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(82 of 96)
May 6, 2008 12:35 PM
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mccain an hillary screechs on this issue are bs, opec union when was created was facts then they'd rape us,as ceo's collect enormous paychecks, and their proffits in billions as gas stations gouge consumers, the price wars in 60's put all independents out of business as gov't let it happen...
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reality is not lies, if censorship of History recorded it right...
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