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To: Truth29

I guess the question that needs to be asked, what’s the higher of them?

I know in places like NY, if you eliminated the gas tax, you’d be saving those folks tons of money as a good portion of their fuel costs are taxes.


6 posted on 01/11/2013 2:54:17 PM PST by qaz123
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To: qaz123
"I guess the question that needs to be asked, what’s the higher of them?"

I can't say for sure, but I suspect the new taxes will increase revenue more than the gas tax repeal will reduce it. For example, if a typical two earner, two car family uses 1000 gallon of gas a year the gas tax would be $170. If they spent $40,000 subject to the higher sales tax (probably low estimate)the .8 tax would generate $320, plus whatever the higher registration fees would gather.

9 posted on 01/11/2013 3:34:52 PM PST by Truth29
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