Who's Buying This Gas Tax Holiday Bull$&*!?
Here is the information I've found thus far.
Clinton and McCain are proposing a one-month moratorium on gas tax. This would lower the price of gas temporarily to offer some reprieve to working-class families. However, the gas holiday would, over the month, result in an average of $.30 per day. (That's 30 cents) Multiply that by 31 and you end up with somewhere in the vicinity of $9. The quote I heard from Obama suggested that the average family would end up saving about $28 in a month. Either way I'm not impressed.
Would $28 really make a difference? Would I have no problem making rent, utilities, fuel and food costs (not to mention any sort of recreation) if I could only make an extra $28 dollars next month? And what about after the tax is reapplied? Now I've simply gotten used to seeing gas prices lower, and they're just gonna shoot back up again. I'm not an idiot. I'm not gonna forget about the future and past just because gas prices drop suddenly. They're coming back up.
Oh, and bear in mind, that the government does not regulate the price of fuel. So it's completely possible, and maybe plausible, that oil companies would raise prices during the hike to take advantage of the low cost to consumers.
Don't go in for the gas tax holiday. It could be the most deceptive one-month stand of your life.
Clinton and McCain are proposing a one-month moratorium on gas tax. This would lower the price of gas temporarily to offer some reprieve to working-class families. However, the gas holiday would, over the month, result in an average of $.30 per day. (That's 30 cents) Multiply that by 31 and you end up with somewhere in the vicinity of $9. The quote I heard from Obama suggested that the average family would end up saving about $28 in a month. Either way I'm not impressed.
Would $28 really make a difference? Would I have no problem making rent, utilities, fuel and food costs (not to mention any sort of recreation) if I could only make an extra $28 dollars next month? And what about after the tax is reapplied? Now I've simply gotten used to seeing gas prices lower, and they're just gonna shoot back up again. I'm not an idiot. I'm not gonna forget about the future and past just because gas prices drop suddenly. They're coming back up.
Oh, and bear in mind, that the government does not regulate the price of fuel. So it's completely possible, and maybe plausible, that oil companies would raise prices during the hike to take advantage of the low cost to consumers.
Don't go in for the gas tax holiday. It could be the most deceptive one-month stand of your life.
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