Posted on 11/09/2014 8:13:36 AM PST by Hojczyk
Too bad. He’s an evil bastard.
You’re right. I should have explained it differently and not used sales tax when I was only referring to the excise taxes collected on a gallon of fuel. I guess the point is that people historically demand more fuel when prices go down so States will collect more excise taxes on fuel. Additionally, it’s a safe assumption (according to the article) that the “savings,” if there truly are any, is going to be spent so States won’t lose much, if any, revenue from sales tax receipts on reduced fuel prices.
interesting additional points to ponder.thx
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