Gas Tax Holiday – More like a gas tax noise maker

I heard, and by heard I mean I overheard, really I was eavesdropping at a café near work, on a guy complaining about gas prices. He was talking about how we need to do this gas tax holiday idea that McCain and Clinton are all hot on.

I drive a 2005 Buick that gets 24.2 MPG according to the readout on the dashboard that calculates my mileage. If we take a three month gas tax “holiday,” and remove the 18.4 cent federal gas tax during that time, I will save a whopping $30.41 over three months. That assumes I maintain my current driving level of about 4000 miles over three months.

I currently have a quarter tank of gas, by Friday morning when I fill up, my low gas warning light will probably be on. At $3.49 (this morning’s price) it will cost me about $59 to fill up my tank. A three month gas tax “holiday” will barely give me a half tank of gas! Is a half tank of gas a solution to our problem?!!!

Maybe it is time John McCain, Hillary Clinton and the rest of the Republicans to start joining those of us who want a long term solution to oil dependence, rather than spewing rhetoric in hopes of getting elected. My hope is for change, and the only logical candidates are the ones saying “what exactly is a half tank of gas going to get people in the long run?”

By the way, that same 4000 miles will cost me a whopping $3.30 in “DFL gas tax” money this summer. $1.10 per month seems like a very small price to pay over the summer for a better roads, safer bridges and hopefully less traffic over the next several years. Isn’t it just disgusting how those Democrats think about and plan for the future? Any good Republican will tell you that debt is the way to make America great.

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3 thoughts on “Gas Tax Holiday – More like a gas tax noise maker”

  1. “Any good republican will tell you that debt is the way to make America great.”

    That’s my problem with the Republican-led government under Bush. Spend, spend, and go into debt to spend some more.

    However, you’re spending a lot more than $3.30 on that DFL gas tax increase. It costs a lot of money to ship anything anywhere, and that correlates directly to the prices you’ll pay at the grocery store and department store. Not only are the goods on the store shelves costing more money to ship, but manufacturers of those goods are paying more to have the raw materials and industrial supplies shipped to them. It’s much, much more than a $3.30 impact.

  2. Thanks for the comment Joey, but if the two cent increase that took effect April 1st causes Cargill to spend an extra two dollars to buy 100 gallons of gas to ship 500 turkey breasts to 15 different Cub Foods. That works out to less than a half cent expense increase per turkey. If you multiply that by ten to account for the farmer, and whoever else might be included in that “much, much more” you mentioned, that works out to a four cent increase per turkey breast. And if we double that, I just want to be conservative, that works out to be about a 1.1% inflation rate. That doesn’t seem unreasonable. After all, the last time the gas tax was increased was 20 years ago. Adjusted over twenty years, without adjusting for true inflation (which would make this number a negative) that is a not even one half of one half percentage point each year over 20 years.

    Who has record profits in the last year? My organization is down, but up are Exxon, Shell, BP, Chevron –of course those make sense, but what about Cargill, they reported net earnings of over 1 billion dollars, 89% increase in profits. Monsanto over 2 billion dollars, a 54% increase. ArcherDaniels over 500 million, a 42% increase in profits. Those are profits, not revenue. Gas taxes don’t effect them, and they control the food market. Everything goes back to a weak dollar, brought about by weak republican leaders who think patriotism is a lapel pin. Patriotism is caring about the future and strength of America, and America can only be stronger through infrastructure. That includes education, jobs, agriculture, technology and yes, roads and bridges. And if we as Minnesotans can make America stronger by spending a little money on those things, then maybe we are setting the example that others will someday realize they need to follow.

  3. Ha, “patriotism as a lapel pin”…so true of so many political leaders!

    I guess being the 5th highest taxed state in the nation (higher by some calculations) isn’t something I consider to be a badge of honor. So, while any tax increase can be made to seem fairly small (and they often are), they all add up. I’m not convinced the government is spending the money it has as judiciously as it should. (And Republicans are some of the first to blame for that.)

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