Quote:
Originally Posted by abqdwell
... US current tax and fee payments to the government by motor-vehicle
users fall short of government expenditures ... e by approximately 20–70 cents per gallon of all motor fuel.
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20-70 cents?
Heck, thats lost in the noise of regular price fluctuations.
That's a huge variation, based on daily US consumption just of gasoline,
(378 million gallons/day) that's an annual revenue shortfall of either
$28 billion or $97 billion that has to be subsidized.
Burquebinder's $70 billion number fits right in there.
We'll use that then.
Any consumption on our part hurts those that export petroleum
and, naturally, I'm all for it since they
don't like us.
Quote:
Originally Posted by abqdwell
We are kidding ourselves if we think we'll be paying $3 in 10 years.
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Oh you optimists.
I think you have your "3" and your "10" reversed.
It's all dependent on the "International Reserve Status" of the dollar.
The price of gasoline in gold will be either stable or go down though.
Quote:
Originally Posted by JBM
I don't know if I'd like paying 8 bucks a litre or whatever the price is now.
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Baby.
It hit $10/gallon in Europe when it was $4 here.
If it were $10/gallon here, think of how clear the roads would be.
If the tax were raised by 10 cents/gallon every three months, no one
would notice at the pumps.
If it were billed as a national security and roads building measure then
many who oppose any and all fuel taxes might have an easier time
with it. If it were concurrently put into effect with a reduction in
Federal income taxes then even more people would like it.