Larry Herman

Fixed it for ya!

Mike in Chi

I was talking about your ears.

Get your mind out of the gutter.

Bull

THAT is exactly where his mind, and ears, can be found...in the gutter!

Bull

I'm thinking that tanker will need to be dealt with before our dependence on furrin oil is alleviated....and VR will be long gone too.

ltc

Speculation is that Obama's economic team has determined that the 'threshold of acceptance' for domestic gasoline prices is $2.89/gallon.
Thus, in order to support his domestic spending, an increase in the federal gas tax will be applied (on a sliding scale) in order to 'maintain' $2.89/gallon for gasoline.

Thus, when oil prices are low, tax revenues are maximized; when oil prices increase, tax revenues will decline, but the consumer (taxpayer) will be "insulated" as a result of the 'sliding scale' and won't really notice.

Applied psychology and economics can be frightening at times.

multi21

Of course $2.89 per gallon is the midwest price, where on the east and especially the west coast with our "Summer Blends" for air quality, that threshhold of acceptance is somewhere near $3.60.

I knew these low gas prices were too good to be true. Each gallon is going to be taxed higher and higher to the point we're rivaling Europe.

Sorry is this the OT section? My bad

Veloce Raptor

So was I. Seems it was your mind in the gutter!

Bull

A new gas tax bill would need to come from our fine congress, right, with OB signing it after they passed it. So, $2.89 will never happen...once Nanci Puhloosi and Barny get done, it will be $5.00!

Veloce Raptor

The same congress that has a 9% approval rating, the lowest in history?

SundayDriver

Pay no attention to the man behind the curtain. Look at Bush's approval rating and Clinton's when he left office.

Nothing to see here, move along.

Veloce Raptor

Yup. Neither was in the single digits.

Bull

That's the one!

deep_uv

That's the pack of idiots that have cornholed us and will continue to cornhole us, not whoever is President.

mglobe

A more true statement has never before been posted on Rennlist. Of course that's not saying much, but it's still true.

RickBetterley

Here is Massachusetts (insert joke here), we already have the Boston Globe editorializing for an increase in the gas tax. One justification they offer is that our gas tax is, after all, lower than that of many other states. I just love how they think its OK to take our money just because our tax rate is lower than some other states.
I want to take Mike Globe's penguin and smack our legislators into the cold North Atlantic; that would wake 'em up.