Skip to comments.Stumped: Hillary Can't Name One Economist Who Supports Her Gas-Tax Holiday
Posted on 05/04/2008 10:23:58 AM PDT by governsleastgovernsbest
My two cents say George Stephanopoulos gave Hillary a harder time than Tim Russert did Obama during their respective appearances on This Week and Meet the Press today. Russert never pinned Obama down on exactly what he knew of Rev. Wright's most controversial assertions and when he knew it.
Over on ABC, Stephanopoulos twice challenged Hillary to name a single economist who supported her proposal for a gas-tax holiday, and threw in her face the fact that even her big admirer in economist ranks, Paul Krugman of the NY Times, has criticized her over it. In exposing her inability to name a single practitioner of the dismal science who supported her plan [McCain, who's also called for a gas-tax holiday would presumably be similarly hard-pressed], Stephanopoulos left Clinton looking like a panderer. Stephanopoulos raised the issue right out of the box.
View video here.
(Excerpt) Read more at newsbusters.org ...
Stumped Hillary ping to Today show list.
I thought McCain proposed this first, for Memorial Day to Labor Day. Personally, I’m in favor.
Since the tax on gasoline is a consumption tax, as opposed to a sales tax, and that the demand for gasoline is in high demand, elimination of the gas tax would do little for price, i.e. tax elasticity effect.
However, I am in favor of eliminating the tax because the govt has not done anything to earn the tax and the funds collected are wasted.
Please...I just had breakfast....don’t mention stumped and schrillary in same sentence....thanks.
In that case, I won’t mention that Hillary got a little crusty while panting about a suit she wanted to bring against the oil companies ;-)
this alone is a ringing endorsement for the idea.
is this the one with the astro turf in the back?
They already want to institute a tax on "fast food."
i THOUGHT THAT SHOW WAS A HILLARY COMMERCIAL!
that was ridiculous...Stephi just let her go on and on, I sure didn’t see any serious confrontation. She looks so smart to people who don’t know about international polics or economics..its all in the image, the delivery. and stephi and Oreilly are afraid of her!
Other than Karl Marx and Friedrick Engels I don’t think she would find any economist that agrees with her general plans either.
I tuned in after it started. All of the sudden, Hillary was out of her chair running the show and Steffi was just sitting there. I got the impression the whole thing was supposed to take place with them seated. Steffi got punk’d!
In Chicago, in addition to the 52% Comrade Daley adds another %12.75.
The illiterate Democrats here in the People’s Republic of Illinois are completely ignorant and think the rich are responsible for jacking up their prices.
They don’t know the difference between a profit and a profit margin. Since the govt takes a larger slice of the pie than profit, the govt is the price gouger par excellence by their own stupid criterion.
Furthermore, they don’t get that businesses build taxes into their cost. If Hillary taxes corporate profit, the big guys at the top will earn in the same ballpark, but we the consumers will have to pay more. There is nothing wrong with CEOs making a ton of money anyway — sports teams will pay a lot to get Kobe Bryant or LeBron James on their roster, so why shouldn’t corporations pay a lot to get superstars on their starting lineup, given the huge responsibility entailed?
In addition, it never occurs to them that gasoline taxes are not a progressive tax. They aren’t even flat taxes. They are REGRESSIVE taxes that disproportionately hurt working people.
ARRRGGGGGH I can’t stand Democrat stupidity. They’re almost as bad as the cretards we have here at FR.
Punked is a mild word for what he got! He got B-busted so big time. He is still afraid of the Hildebeast from when he was in their administration.
Guess its a form of PTSD flashback!
What this tells us is that George S. knows full well Hillary isn’t going to be in the whitehouse so he doesn’t need to be nice to her so he can get a job there again.
Blue is definitely not her color.
More like providing himself...and ABC a veil of objectivity for the upcoming TOWNHALL type meeting that is to be hosted by George Stephanopoulis.
The look on his smug little face was so enjoyable.
Ah you sir are thinking this through. Good analysis.
Oh, no! — wait’ll the MA legislature sees this and notes that we’re not even in the top 10! :(
Just suspending it for 3 or 4 months will do very little for the average motorist. Average 15,000 miles per year, so at the most the average number of miles driven during a 4 month suspension might be 5,000. At an average of 20MPG, the $0.184/gallon federal gas tax would save about $46. Big whoop.
You’re right, IMO. Eliminate it permanently.
Uhmm, don’t they build roads with that tax money? I think that’s how it’s suppose to work in america anyway. Instead of paying the toll when you get on the freeway, you pay it when you fill your tank. It seems like a good system to me. I’d rather they built roads with gas tax than with income tax. I’d like to see more separation of the funds though. As it is, it all goes into one big pile and you never know what it’s really being spent on.
Florida scrapped the proposal to suspend state gas taxes, and I agree with that decision. The suspension of gas taxes will do little to ease the hit on the pocket book, and the loss of revenue from an already strapped state revenue picture doesn’t make any sense.
State and Federal tax receipts aren’t discretionary in the sense they can be adjusted for various circumstances. The state and federal government spend every dime they raise, and in most cases, spend more than they raise. Creating a reduction in revenue that wasn’t budgeted only creates chaos somewhere in ordinary people’s lives.
Just a few years ago, the liberals wanted to add 50 cents tax on a gallon of gas to force conservation. This is when gas was below $2.00 per gallon. Now at $3.50 per gallon on the old tax basis, they want to eliminate the tax? I don’t think so.
If they suspend the tax on diesel too, and not just the federal tax, but ALL tax, state tax included, then it could give the economy a little breathing room and maybe get it’s feet back under it again...maybe halt the food price inflation.
That is nothing to sneeze at.
And transfer the cost of paying for the roads from the people who actually use them to the top 20% of income tax filers who pay for everything else.
If I’m understanding your point, I think you’d favor toll roads. That would accomplish your goal of making those who use the federally funded roads pay for them far more accurately than the gas tax.
Keep in mind that this is just proof that Hillary (and McCain) think the American people and their votes can be bought off for $40 or $50. I’m surprised more people aren’t insulted by this.