Monday May 28, 2012

JAPAN NEWS AND DISCUSSION

Clinton seeks gas tax vote; Obama calls it 'shell' game

World May. 03, 2008 - 01:36PM JST ( 8 )

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8 Comments

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BetzeeMay. 03, 2008 - 09:23AM JST

As someone observed, the McCain-Clinton proposal has the perverse effect of maximizing demand, minimizing supply and buying the rest from the people who hate us the most. Not to mention, it would leave Uncle Sam deeper in hock to the Chinese.
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SushiSake3May. 03, 2008 - 10:25AM JST

Betzee - true.

McCain's in a twist here too - he says he supports the fight against global warming and yet backs a gas tax holiday, which will only make global warming worse.

McCain's stance is not unlike his opposition to, and now support for Bush's tax cuts.

McCain doesn't really seem to know what he wants.
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BetzeeMay. 03, 2008 - 10:59AM JST

McCain doesn't really seem to know what he wants.

In fact he wants to sew up his party's based which consists of fiscal conservatives (tax cuts), military hawks (endless war), and those who ridicule environmentalism. At a fixed 18.4 cents per gallon, however, federal taxes are a rapidly dwindling percentage of rising pump prices. Rescinding the tax would, as you point out, only encourage drivers to put off lifestyle adjustments that favor conservation and, of course, send more greenbacks overseas.
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presto345May. 03, 2008 - 12:46PM JST

The federal 18.4-cents tax is significantly lower than taxes on gasoline levied in other countries—particularly in Europe. But with Americans accustomed to paying some of the lowest gasoline prices among developed nations, the spike has come as an unwelcome surprise.

Note 'accustomed to'. Isn't it about time Americans begin to face reality and that the free ride is over?
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keshiiMay. 03, 2008 - 06:31PM JST

I don't like seeing Clinton and McCain working together. It makes me think that the two of them are just playing politics... but of course, in whose interest?
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unscrejectsMay. 03, 2008 - 08:41PM JST

She's baiting...
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SuperLibMay. 04, 2008 - 09:16AM JST

Most people see this as a non-issue, something manufactured for political gain with quick hits in the media. Others, well....simply have no self control. ;)
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super delegateMay. 04, 2008 - 09:48AM JST

"Isn't it about time Americans begin to face reality and that the free ride is over?"

European notions about taxation constitute "reality" for the rest of us?

Please elaborate.