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McCain Calls For A Gas Tax 'Holiday'


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We can encourage more Americans to burn up more gas like there is no tomorrow! While encouraging Americans to ignore the immediate crisis in energy we can also expand the deficit. McCain, a true Republican bent on running the country into the ground. Truly, he is Bush's heir to office

 

http://news.yahoo.com/s/bw/20080416/bs_bw/...b20080415958396

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What is this gas tax you speak of? You mean the gubbamint is making money off gasoline? I thought it was only greedy oil companies and their shady CEOs

 

I wonder if Exxon/Mobile/BP/Shell/Citgo/Haliburton/Cheney etc have a profit margin of 18.4%

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What is this gas tax you speak of? You mean the gubbamint is making money off gasoline? I thought it was only greedy oil companies and their shady CEOs

 

I wonder if Exxon/Mobile/BP/Shell/Citgo/Haliburton/Cheney etc have a profit margin of 18.4%

Yup, everything is the government's fault!

 

I wonder how much profit those oil companies would have made without the military protecting their interests in hostile areas of the world.

 

BTW, this isn't about profits, its about dealing with a shortage of a resource. They should be raising the taxes on gas so people will use less.

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High gas prices = Republicans are eeeevil

 

Plan to lower gas prices = Republicans are eeeevil

 

 

 

This public service message has been brought to you by molton_retard and whoever dropped him on his head when he was an infant. Thank you.

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Yup, everything is the government's fault!

 

I wonder how much profit those oil companies would have made without the military protecting their interests in hostile areas of the world.

 

BTW, this isn't about profits, its about dealing with a shortage of a resource. They should be raising the taxes on gas so people will use less.

Good thing those evil oil companies are paying hundreds of billions in taxes, on top of what the government collects from each gallon. Exxon alone pays 110 billion dollars a year in taxes. That's just Exxon. I don't have the sheets for citgo, sunoco, shell, chevron.

 

Can you honestly say you pay more in taxes than what you get back in service and support from the government? Please consider the infratrature (pipes, roads, library, schools, police, fire, military, etc....)

 

There profit margins would be similar. Also, f the US government didn't protect them, and they didn't have to pay the hundreds of billions in taxes they probably could fund a very efficient and effective miltary force to protect their interests. At a much lower cost, all while taking hundreds of billions out of our governments pocket.

 

You sure you really want to go down that road?

 

Again, another subject that you choose to shout the dem line and not look at the whole picture, just the wonderful little soundbite to make Mccain, the repubs and the oil copanies sound evil.

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Again, another subject that you choose to shout the dem line and not look at the whole picture, just the wonderful little soundbite to make Mccain, the repubs and the oil copanies sound evil.

 

I certainly wouldn't use the word evil but stupid certainly comes to mind. They (read: politicians) just feign ignorance of economics and the inelastic nature of demand for goods such as cigarettes and gas which make them ripe targets for taxation. Certainly sounds great that McCain is attempting to help the revered common man, but this proposal makes no sense. We just don't have enough refining capacity to satisfy the demand surge that will be caused by this price shock.

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I certainly wouldn't use the word evil but stupid certainly comes to mind. They (read: politicians) just feign ignorance of economics and the inelastic nature of demand for goods such as cigarettes and gas which make them ripe targets for taxation. Certainly sounds great that McCain is attempting to help the revered common man, but this proposal makes no sense. We just don't have enough refining capacity to satisfy the demand surge that will be caused by this price shock.

 

If the demand is inelastic, why would lowering the price create a demand surge?

 

In any event, the gas tax was never meant as a sin tax to curb global warming or pollution, was it? It's just a revenue producer.

 

The economics of driving make sense no matter whether the .30 tax is in effect or not. It's not a matter of elastic demand until the price goes a lot higher. I'm taking a trip to Buffalo this summer from Philadelphia. I'm looking at a 14 hour car ride that will cost about $120 in gas. Compare that to 24 hours (total) in a train ride that costs about $600 (arriving sans car unless I rent for more $$). Compare that with a 9 hour (door to door) about $400 plane ride (same car issue). Tell me which one I'm doing? The tax and price doesn't even begin to figure into my decision.

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If the demand is inelastic, why would lowering the price create a demand surge?

 

In any event, the gas tax was never meant as a sin tax to curb global warming or pollution, was it? It's just a revenue producer.

 

The economics of driving make sense no matter whether the .30 tax is in effect or not. It's not a matter of elastic demand until the price goes a lot higher. I'm taking a trip to Buffalo this summer from Philadelphia. I'm looking at a 14 hour car ride that will cost about $120 in gas. Compare that to 24 hours (total) in a train ride that costs about $600 (arriving sans car unless I rent for more $$). Compare that with a 9 hour (door to door) about $400 plane ride (same car issue). Tell me which one I'm doing? The tax and price doesn't even begin to figure into my decision.

So if you drive, you'll have an extra 30 bucks to spend on food, and in the local economies. Seems like it might help boost some local businesses. All at the expense of a highway upgrade being delayed a year.

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So if you drive, you'll have an extra 30 bucks to spend on food, and in the local economies. Seems like it might help boost some local businesses. All at the expense of a highway upgrade being delayed a year.

 

Lest there be any confusion, I don't care about the federal gas tax being repealed or not. McCain is just giving America a Summer reach-around.

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Lest there be any confusion, I don't care about the federal gas tax being repealed or not. McCain is just giving America a Summer reach-around.

Oh I agree, but a reach around, when we've been royally taking up the ass can help sometimes.

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A moratorium on war spending for a week, returning the money in equal shares to the taxpayers, would be much better.

 

These morons have not yet figured out that stopping the flow of money coming IN to the government coffers is totally ineffective unless you also reduce the money going OUT. The taxpayer will just pay somewhere else and the candidate will be able to make a claim that mght turn into a good campaign slogan.

 

You can't dog citizens who get in over their heads in debt for doing the same things their "leaders" are doing. (Well, I can and DO because if I can't pay for it, I don't buy it. But that's just me.)

 

By the way I see oil is $115 a barrel. Does anyone remember what it was when the Chief Oil Executive took office? Somewhere in the 30's. Hmm. What's up with that do you think?

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By the way I see oil is $115 a barrel. Does anyone remember what it was when the Chief Oil Executive took office? Somewhere in the 30's. Hmm. What's up with that do you think?

 

Decreasing supply, increasing demand, and a weak dollar. Only the last of which can you even think of pinning on the president.

 

 

Why is this concept so difficult for people?

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Decreasing supply, increasing demand, and a weak dollar. Only the last of which can you even think of pinning on the president.

 

 

Why is this concept so difficult for people?

Because everything wrong in the universe is Bush's fault. Get with the program!

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Decreasing supply, increasing demand, and a weak dollar. Only the last of which can you even think of pinning on the president.

 

 

Why is this concept so difficult for people?

 

People are conditioned to assign blame. It is an easier way to operate and an easier way to assuage one's ego that they are standing on the "right" side of an issue. Assigning blame also circumvents the need for open and nuanced thought based in calm examination of the relevant information.

 

Why look at the subtleties and undercurrents that permeate an issue when one can easily pick out one factor among many and assign that one factor with the majority or totality of responsibility for the issue?

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A moratorium on war spending for a week, returning the money in equal shares to the taxpayers, would be much better.

These morons have not yet figured out that stopping the flow of money coming IN to the government coffers is totally ineffective unless you also reduce the money going OUT. The taxpayer will just pay somewhere else and the candidate will be able to make a claim that mght turn into a good campaign slogan.

 

You can't dog citizens who get in over their heads in debt for doing the same things their "leaders" are doing. (Well, I can and DO because if I can't pay for it, I don't buy it. But that's just me.)

 

By the way I see oil is $115 a barrel. Does anyone remember what it was when the Chief Oil Executive took office? Somewhere in the 30's. Hmm. What's up with that do you think?

:lol:

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Decreasing supply, increasing demand, and a weak dollar. Only the last of which can you even think of pinning on the president.

 

 

Why is this concept so difficult for people?

Ya, the weak dollar has nothing to do Bushonomics, no nothing :lol:

 

And I would imagine that an Al Gore administrtaion would have done much more to lessen our reliance on foreign oil thru conservation measures that would have been road blocked, denounced and declared communistic by the current president's political party.

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:lol:

You realize that's about 2 billion? That would be about 6 dollars per person. take away the overhead and government corruption to process those checks and you might see a buck.

 

Again you and blz and slapping each other on the back and coming up with stupid sh-- without considering the reality of the concept. :lol:

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Ya, the weak dollar has nothing to do Bushonomics, no nothing :wallbash:

 

Only the last of which can you even think of pinning on the president.

 

What part of that didn't you understand?

 

And I would imagine that an Al Gore administrtaion would have done much more to lessen our reliance on foreign oil thru conservation measures that would have been road blocked, denounced and declared communistic by the current president's political party.

 

Because the price of domestic oil is so much cheaper. :P Really...what the !@#$ does Gore have to do with the worldwide price of oil? Start making sense, fool.

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Absolutely friggin right... Now that global warming is being debunked also, I gonna burn more... Couple that with cheaper gas prices... Ya baby... Lets burn! No guilt...

By jove, you are right. I am also getting free money from the gubmint just in time for driving season. Perfect confluence of reasons to burn, baby, burn.

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