Gas Prices Hit Working Class

Uh huh. And democrats are still trying to raise the federal tax on gasoline by 50 cents to a dollar.

 

The Dem's never will learn, it seems. Even with all the evidence for prosperity through lessoning taxation, they don't believe it. What's sad is that they seem to really believe that more taxes is in some way good. Socialism rising.

I filled up my little run around Sentra the other day, and it cost $35, for around 11 gallons. I can easily remember filling for $10 and getting change back.

 

everyone take a minute or 3 and write your Representatives. Encourage them to open up Gulf and North Slope resources to oil drilling, as well as new refinery construction.

Won't help today...but it will help later. Not to mention that word of new resources will calm down the market.

 

Don't forget the Gulf of Mexico as Florida continues to ban new exploration. Meanwhile Cuba is allowing China to explore off its shores.
We need to get back on track with nuclear power as well.

 

With higher gas prices come higher everything else, groceries, etc. And beleive me, it hit hus hard a long time ago, I've had to cut out a lot of our usual, and eat cheaper, as cheap as possible, can't afford fresh veggies anymore.

 

We're certainly feeling it. DH has to fill up the minute he's running low or he will stall on the freeway. I put $20 in mine, and that needs to last as long as possible, at least two weeks. I can run on fumes for a couple of days. Forget about last minute runs to the store...we better use what we have, and anyway, don't have anything left to spend on last minute items. And the gas prices are affecting food prices, too, just to ship everything around the country. $4 for a gallon of milk?! Plus we use propane to heat the house. Thank God it's been really warm here, about 70 today at least. We got the tank filled to 50%, that should last us well into the next year, with the fire place for quick warm ups before bed and when we get up, maybe all the way to spring, when the prices should drop a little. We get free fire wood at least.

love,

Sopranette

 

Was this in the link?

 

This is the closest thing to a consumption tax (or even a flat tax) we have, KenH.
I would imagine that Neil "Fair Tax" Boortz would be pleased with this fact. After all, everybody pays the same rate - the amount of tax paid is simply based upon one's consumption.

Regards, hope all is well in Arkansas,BiR

 

That means prices would increase on everything as each facet of a product will pass that flat tax on to the consumer.

 

Here in the UK, petrol ("gas" as Americans call it) is now around one pound sterling per litre, that is, $2.06 per litre, or $7.80 per US gallon. Price don't vary county by county, as American ones seem to state by state. Rather, fuel seems to be more expensive in big cities and in very rural areas.

 

Quote:
Originally Posted by carpro
Uh huh. And democrats are still trying to raise the federal tax on gasoline by 50 cents to a dollar.

I don't believe so.

How many would you like? It's been going on for years.

 

>The most painful places to fill up were in Alabama, Mississippi or Kentucky.

Scab states. Breaks my heart. Live in a "right to work at a poverty wage state" and pay the price.

Americans think they have a right to a job in the city and a hoiuse in the country. Why should retailers charge less than people are willing to pay?

 

Crude oil costs about the same in dollars in most every western nation. The difference is mostly in taxes. Once a tanker is loaded with oil the additional transportation cost per bbl is so low that the owner of the cargo doesn't care where he sells it. This is the nature of the commodities market. The local bulk prices are adjusted to produce the same net cost in every port. Arab oil will net the same to the cargo owner in New York as in London.

I'd like to see a $1/gal oil tax to pay for the Bush oil war. Net result of our cheap gas is that the people with economical cars and those who walk to work subsidize those with gas hogs.

 

This is happening now. No business pays taxes. All business taxes are passed on to the consumer. At least with a consumption tax, people would know how much of what they are paying is for tax.

But by the standard of this article, all prices affect the "working class" people more than the upper class.

 

Really? Where do businesses get money to pay taxes with?

A business has no money unless it receives it from the consumer of their goods and services. So whether it is paying taxes or paying wages, businesses do it with the money of consumers.