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Gas tax holiday would be a political disaster

Posted on 6/22/22 at 11:15 am
Posted by ShermanTxTiger
Broussard, La
Member since Oct 2007
10869 posts
Posted on 6/22/22 at 11:15 am
I think the politicians know this too.

I seriously doubt most consumers realize the Feds take almost 19 cents a gallon at the pump. Once they see and feel it, it won't end well. It will be even worse if the states agree to do the same. I think the Gubmint wants to keep this information quiet.

It may also stimulate "some demand" which will have an impact on pricing too.
Posted by Gr8t8s
Member since Oct 2009
2579 posts
Posted on 6/22/22 at 11:17 am to
Unless…..they know prices are going to keep going up, then they suspend the tax, and the increase in prices go above what it was before the suspension….and then they start blaming “greedy businesses” and use that as an excuse to come after oil companies…..
Posted by AMS
Member since Apr 2016
6495 posts
Posted on 6/22/22 at 11:17 am to
quote:

It may also stimulate "some demand" which will have an impact on pricing too.



Posted by VoxDawg
Glory, Glory
Member since Sep 2012
59962 posts
Posted on 6/22/22 at 11:18 am to
An income tax withholding holiday would be better. Folks legitimately don't know how much money they actually make, and would be mad as hell if they brought their actual amount paid home for a month.
Posted by RobertFootball
SC
Member since Mar 2021
1337 posts
Posted on 6/22/22 at 11:19 am to
Oh don’t you worry, that $.19 ain’t going away, it’s only getting shuffled around. It’ll be moved from gas to something else. You’ll see.
Posted by El Segundo Guy
SE OK
Member since Aug 2014
9601 posts
Posted on 6/22/22 at 11:19 am to
If you would have bought an electric vehicle like Pete suggested, we wouldn't be in this predicament.
Posted by momentoftruth87
Member since Oct 2013
71455 posts
Posted on 6/22/22 at 11:21 am to
The problem is they will have to reimplement it and doing it then will add 20 cents onto current price with it continuing to increase by doing nothing to increase supply.
Posted by artisticsavant
Member since Mar 2017
5008 posts
Posted on 6/22/22 at 11:21 am to
Desperate people do desperate things. I can't wait to see the shite they'll try when September and October roll around close to election time. I always say you can't polish a turd.
Posted by squid_hunt
Baton Rouge
Member since Jan 2021
11272 posts
Posted on 6/22/22 at 11:22 am to
Plus think about if we took that extra money and sent it to Ukraine.
This post was edited on 6/22/22 at 11:23 am
Posted by alphaandomega
Tuscaloosa
Member since Aug 2012
13562 posts
Posted on 6/22/22 at 11:22 am to
quote:

An income tax withholding holiday would be better. Folks legitimately don't know how much money they actually make, and would be mad as hell if they brought their actual amount paid home for a month.




It would be great if employers didnt have to withhold taxes. If people had to send that money in every month or quarter I bet they would vote in different people.

Never see it = no problem.
Posted by ninthward
Boston, MA
Member since May 2007
20417 posts
Posted on 6/22/22 at 11:24 am to
they could have ended the gas tax at any point in the past 12 months, had they? no.
This is just a ploy to try to win the Nov elections, my guess is we will see gas cards and a new pandemic.
Posted by Timeoday
Easter Island
Member since Aug 2020
8729 posts
Posted on 6/22/22 at 11:26 am to
quote:

If you would have bought an electric vehicle like Pete suggested, we wouldn't be in this predicament.


Love your sarcasm. Can you imagine going outside to start the car Pete told you to buy when it is not charged due to an electrical grid being unable to provide power? Better yet, getting your electric bill only to realize the electricity cost is higher than the gasoline cost.

Yes, what this country needs is just one form of energy providing all of the power we need to run things!!
Posted by iron banks
Destrehan
Member since Jul 2014
3752 posts
Posted on 6/22/22 at 11:26 am to
Student loan moratorium extension inbound too.
Posted by ronricks
Member since Mar 2021
6699 posts
Posted on 6/22/22 at 11:28 am to
19 cents isn't going to put a dent in $6.00 gasoline which is what we are headed to. It's pointless. We know what the lone solution is but this administration isn't going to do it they are dug in at this point.
Posted by TigerFanatic99
South Bend, Indiana
Member since Jan 2007
27602 posts
Posted on 6/22/22 at 11:43 am to
quote:

Student loan moratorium extension inbound too.


Ugh
Posted by tress4pres
Columbus, OH
Member since Dec 2007
3857 posts
Posted on 6/22/22 at 11:58 am to
Yeah it will be even worse when the gas prices continue to increase exponentially over the next 3 months, and then the tax is reinstated. FJB
Posted by dakarx
Member since Sep 2018
6844 posts
Posted on 6/22/22 at 11:59 am to
Will they use the lack of taxes collected as an excuse to why interstates and bridges remain in disrepair?
Posted by TigerAxeOK
Where I lay my head is home.
Member since Dec 2016
24822 posts
Posted on 6/22/22 at 12:17 pm to
quote:

Folks legitimately don't know how much money they actually make, and would be mad as hell if they brought their actual amount paid home for a month.

Maybe some, or most, folks.

I know exactly how much the federal government rapes me for every paycheck, because I look at every single pay stub to make sure no new frickery is happening.

What most people legitimately don't realize, and would be infuriated about, is that federal income tax is technically unconstitutional and illegal. But since most of us have been conditioned for our entire lives to accept it and have always paid taxes to the fed, it has become the norm.

It shouldn't have ever been this way.
Posted by MorningWood
On the coast of North Mexico
Member since May 2009
2669 posts
Posted on 6/22/22 at 12:19 pm to
I don’t know how it’s written on every pump how much per gallon
Posted by Lynxrufus2012
Central Kentucky
Member since Mar 2020
12181 posts
Posted on 6/22/22 at 12:32 pm to
LINK

The Clean, Articulate one, Obama called a gas tax Holiday a political ploy.
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