Yeah that’s a gas tax. In 2010, America consumed 138,496,176,000 gallons of gas. If a $1/gallon failed utterly to reduce our gasoline use, it would at least raise something like $138.496176 billion every year.
Archive for the ‘Gas tax holiday’ Category
Of course experts sometimes get things wrong. But a politician who breaks with the expert consensus on an issue has an obligation to explain why and how the experts are wrong. Calling expertise “elitism” is a slimy ploy, and we’ve had almost eight years of seeing how well it works in real life.
The gas tax holiday won’t help consumers, even a tiny bit, unless the oil companies decide to pass it along in lower prices. Obama asks, “Does anyone here really trust the oil companies?”
Everyone hates the McClinton proposal, and some mainstream outlets are abandoning “he said/she said” to report that the gas tax holiday is a policy loser.
Obama’s anti-gas-tax-holiday TV spot is up. Effective, but not very accurate.