A Missed Opportunity on the Federal Gas Tax

June 25th, 2014 at 12:02 pm

Over at PostEverything!

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7 comments in reply to "A Missed Opportunity on the Federal Gas Tax"

  1. Robert buttons says:

    Gas tax takes money from local communities and uses it to fix potholes on the road to the bridge to nowhere. Central planning doesn’t work: it has brought the ridiculous, counter productive ethanol mandate.

    Gas tax proponents should be compeltely honest with middle class America and say: “i know we are halfway to a recession. I know inflation is picking up, but the Washington wonks deem it a good thing that you pay more for gas”

  2. Smith says:

    It’s not a tax, it’s a user fee.
    Since there are 250 million vehicles, one could access a modest tax to make up this year’s shortfall $10/car = $2.5 billion which covers the year.
    Thomas Friedman would argue the tax saves lives by cutting imports which fund unfriendly oil cartels.
    Others would say no tax is needed, this is deficit funded stimulus as exactly proscribed by Keynes, Krugman, and Karl ( 6. Centralisation of the means of communication and transport in the hands of the State).
    Obama is traumatized by the memory of Hillary and McCain’s call to cut the gas tax during 2008.
    But who benefits from roads? Auto companies, they earned over $10 billion, Ford far and away leading the pack, which is nothing compared to Exxon Mobile with $46 billion.
    “In 2013, the Corporation distributed $26 billion to shareholders through dividends and share purchases to reduce shares outstanding.”
    Who owns the shares and gets the dividends and watches their stock increase in value from the buybacks. Mostly the 1%

  3. Larry Signor says:

    A gas tax is certainly regressive, but is there another way? Any other mechanism would require (shiver) another layer of bureaucracy. Raise the tax, fix the roads and watch the economy grow. The regressive impact of a gas tax recedes as our income (equality) grows. We have a lot of empty dump trucks and idle shovels.

  4. Robert Buttons says:


    Proving gas tax hike proposals are purely political (and not “common sense” or “good for the economy” or “good for the environment) and all politics is local:

    Not wanting new roads, Australian liberals (Greens + Labor) KILL Australia’s proposed gas tax hike.