Gas Tax in my Economics book

[Jarrod B]

im taking this as the book is wanting to help promote higher gas tax to reduce bigger cars/trucks on the road.

[Dave]

Wow. Holy indoctrination batman. That has absolutely zero to do with the gas tax.

Whoever wrote that textbook is going for some liberal feel good Bull$****.

Gas is taxed the way it is because the purpose of the gas tax is to fund highways and road related infrastructure.

[Jarrod B]

Originally Posted by Dave

Wow. Holy indoctrination batman. That has absolutely zero to do with the gas tax.

Whoever wrote that textbook is going for some liberal feel good Bull$****.

Gas is taxed the way it is because the purpose of the gas tax is to fund highways and road related infrastructure.

and thats what i always thought it to be.


now diesel is over 4$ here......again

[thecaptin]

Diesel is going for 4.51+ here.

*facepalm*

[JK23112]

Fuel taxes are supposed to be used for funding road construction, maintenance and repair......but most of the money ends up in the "general fund" where politicians can spend it freely on other pet projects.

Then, a few years later, they come to the taxpayers with hat in hand looking for more money/higher taxes. The ones with no scruples will even resort to erecting toll booths on roads that are already paid for with taxpayer money - when the truth is that they squandered our dollars on other things.

I drive big rigs for a living and some of the trucks we have cost almost $800 to fill both tanks! With the price of fuel going skyward, you'll undoubtedly see the cost of everything else increasing. Anything that is transported by ship, train or truck will be affected - as all of them use diesel fuel. Refrigerated cargo (produce, meat, etc.) travels in refrigerated trailers that use diesel fuel....so it will cost more money to keep it cold.

[Dave]

Yup this will kill what little recovery there has been in the economy

[Rashole]

Gas prices are rising due to inflation. Gas prices have actually dropped over the past six years relative to silver and gold prices.

[SuperCrutyPS]

Originally Posted by Rashole

Gas prices are rising due to inflation. Gas prices have actually dropped over the past six years relative to silver and gold prices.

Actually, gas/diesel prices are rising because the $$ of oil is rising because of "Speculation" about tensions in the middle east.

Right now in America, fuel consumption is down and we are actually exporting refined fuels to other parts of the world.

[JK23112]

Don't forget our lack of refinery capacity........and the fact that we have not built any new ones since Gerald Ford was in office. Sure, we have incrased capacity at some old ones - but still have not built a new one.

Doing so, along with opening up more domestic oil exploration, would do a lot to shore up our economic and strategic security!

[Dave]

Originally Posted by SuperCrutyPS

Actually, gas/diesel prices are rising because the $$ of oil is rising because of "Speculation" about tensions in the middle east.

Right now in America, fuel consumption is down and we are actually exporting refined fuels to other parts of the world.

Originally Posted by JK23112

Don't forget our lack of refinery capacity........and the fact that we have not built any new ones since Gerald Ford was in office. Sure, we have incrased capacity at some old ones - but still have not built a new one.

Doing so, along with opening up more domestic oil exploration, would do a lot to shore up our economic and strategic security!

All 3 of you are correct