24 / July
24 / July
War's Gasoline Tax

Gas prices, at least in non-inflation-adjusted terms, just hit an all-time high. A gallon of gasoline cost $1.72 on March 18, 2003. Today, the average cost of a gallon of regular unleaded gasoline is $2.99. Put another way, Americans will pay roughly $457,500,000 more for gasoline today than they did on the day before the U.S. invaded Iraq. Sure, many factors have contributed to the spike in prices. One those factors is the Iraq war.

posted at 01:53 AM
Comments

For the life of me, I do not understand why Bush doesn't propose to eliminate the federal gasoline tax and urge the States to do the same. It would reduce the price, reduce taxes, and the Dems wouldn't dare oppose it.

Posted by: Ralph on July 24, 2006 08:25 AM

I might be wrong, but doesn't that tax help pay for our roads?

Posted by: Opus on July 24, 2006 08:33 AM

Not if you live in the Republic of Massachusetts. Gas tax, excise tax, tolls, all meant to keep the roads in good shape and they still $uck. They can never get enough money.

Yes, gas taxes were designed initially to help improve roads. But like social security taxes, just another way to feed to general fund to maintain bigger more bloated and wastefull government.

Posted by: asdf on July 24, 2006 09:27 AM

Privatize the roads, or at least the highways. You'll improve them far more than any tax could ever do.

Posted by: Ben-T on July 24, 2006 11:12 AM

Privatize EVERYTHING and you'll improve them far more than any tax could ever do.

Posted by: asdf on July 24, 2006 11:14 AM

true

Posted by: Ben-T on July 24, 2006 10:11 PM
Post a comment
Name:


Email Address:


URL:


Comments:


Remember info?