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Higher Gas Tax? Smart Move
BusinessWeek Online ^
| AUGUST 19, 2005
| Christopher Farrell
Posted on 08/31/2005 11:37:33 AM PDT by kddid
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To: kddid
I believe this "genius" overlooked the cost of shipping products to market. So in addition to the government picking our pockets, product prices rise also.
Hey, anyone know if Hawaiian electric power plants are fueled by petroleum?
My understanding is the greenies in Hawaii have blocked nuclear plants. I wonder how much oil it takes to run the entire state's electrics?
41
posted on
08/31/2005 12:25:11 PM PDT
by
CATravelAgent
(Suppose you were an idiot, and suppose you were a member of Congress. But I repeat myself.)
To: kddid
Lets tax the clymers, who want higher taxes. Tax them until they become bankrupt.
42
posted on
08/31/2005 12:31:44 PM PDT
by
Grampa Dave
(Jamie Gorelick is responsible for more dead Americans(9-11) than those killed in Iraq.)
To: paulcox1978
I love how all the free-market analysis out there on these right-wing sites I usually don't point fingers and yell troll, but...
43
posted on
08/31/2005 12:32:16 PM PDT
by
11Bush
(No outstanding felonies, but my life has been one long misdemeanor.)
To: kddid
I am eagerly awaiting this "Pelosi-Rangel Energy Conservation Bill".
44
posted on
08/31/2005 12:34:03 PM PDT
by
pfony1
To: kddid
If $1 is good, wouldn't $2 be better?
How about $10?
Liberal thinking!
45
posted on
08/31/2005 12:36:46 PM PDT
by
Publius6961
(Liberal level playing field: If the Islamics win we are their slaves..if we win they are our equals.)
To: Mount Athos
We use too much damn money also.
Greenspan needs to raise interest rates since we can't control ourselves.
46
posted on
08/31/2005 12:44:18 PM PDT
by
VeniVidiVici
(When a Jihadist dies, an angel gets its wings)
To: VeniVidiVici
You can mock the basic economic laws of supply and demand, but it won't change them.
To: pikachu
You might suggest to them that we place insane taxes only on gas sold within city limits, or along mass transit routes. lol
It just feels like transportation communism to me. Ride with all the other sheep, single file through the ticket lines, please. You also have the freedom of private transportation, but we're gonna tax your pants off if you do.
To: Mount Athos
I wasn't mocking supply/demand. I was mocking taxes to artificially affect demand.
49
posted on
08/31/2005 12:53:45 PM PDT
by
VeniVidiVici
(When a Jihadist dies, an angel gets its wings)
To: kddid
Better Plan: Suspend all fuel taxes for the duration. Then, after the crises is past, eliminate them. Time for the flat tax, but not at the rates proposed. If 10% is enough for Godalmighty, it's plenty for Uncle Sugar, and the 50 little Sugars.
50
posted on
08/31/2005 12:57:24 PM PDT
by
chesley
(Liberals...What's not to loathe?)
To: 11Bush
Me: I love how all the free-market analysis out there on these right-wing sites
11Bush: I usually don't point fingers and yell troll, but...
lol... right-wing and left-wing aren't bad words.
I voted for Bush in 2000, before he abandoned all truly conservative principles (free trade, fiscal responsibility, honesty, etc.) and turned his administration over to the religious extremists for whom somehow denying rights to gay people was the most important issue. Maybe Pat Robertson and Jerry Falwell were right -- if we stop gay people from getting married, we won't get attacked again.
To: kddid
Oil is 120% more affordable than it was in 1980. In 1980, the average American's inflation adjusted annual disposable income could buy 180 barrels of oil.
In 2005, the average American's inflation adjusted annual disposable income can buy 400 barrels of oil.
In 1980, disposable income per person was $16,940.
In 2004, disposable income per person was $27,230.
(Constant 2000 dollars)
In 1980, a barrel of oil cost $94.
In 2005, a barrel of oil costs $68.
(Constant 2004 dollars)
52
posted on
08/31/2005 1:24:50 PM PDT
by
Uncle Miltie
("Avoid novelties, for every novelty is an innovation, and every innovation is an error. " - Mohammed)
To: paulcox1978
Just a matter of being here for a long time and seeing the warning signs of troll such as catch phrases and a short timer.
Such as... I voted for Bush in 2000, before he abandoned all truly conservative principles (free trade, fiscal responsibility, honesty, etc.) and turned his administration over to the religious extremists for whom somehow denying rights to gay people
53
posted on
08/31/2005 1:43:22 PM PDT
by
11Bush
(No outstanding felonies, but my life has been one long misdemeanor.)
To: kddid
If taxes are so good for the economy, why don't we just institute a 100% tax on income and a 100% tax on all sales?
We'll all be millionaires then.
54
posted on
08/31/2005 1:44:39 PM PDT
by
E. Pluribus Unum
(Islam Factoid:After forcing young girls to watch his men execute their fathers, Muhammad raped them.)
To: Brad Cloven
Short list of facts: There are 42 gallons in a barrel. 42 times the current price of LOW OCTANE gasoline(say $2.70/gal = $113.40. Subtract $0.50/barrel for processing (this is an inflated cost) and $15.00/barrel for tax and you have $97.90 profit. And yes, I do know that 100% of a barrel of crude is not refinable to gasoline however diesel is priced at the same cost as low octane gasoline, as are the residual products. This is a complex issue and many factors come into play. The prices bandied about by the press are the futures contract prices and in no way express the true cost of a barrel of crude to a refinery. None the less a %140 profit is nothing to sneeze at. This is a free market issue and sooner or later the market will correct for the painful prices we are paying. This is one of the reasons for the oil field crisis of the mid eighties.
I am for free markets but like to see less interference from gubment. It just makes the corrections larger and slower.
I do hope the energy companies have heard of the golden goose rule. He gets pissed when choked.
55
posted on
08/31/2005 1:51:41 PM PDT
by
River_Wrangler
(You can't be lost if you don't care where you're at !)
To: piceapungens
I think it is a good idea. Until we wean ourselves off the Saudi teat, we're playing their game. Surely you jest. Current fuel prices are not the result of Middle Eastern oil supplies nearly so much as they are the result of the shortage of refining capacity in the USA. We have about 50% of the peak US refinery count still running, thanks to oppressive environmental regulations and legal hurdles. The game we're playing isn't the Saudi game, it's the American environmentalist game.
Higher taxes are simply higher taxes. They are funneled into yet another wasteful bureaucracy or pork barrel project. Bad economics and bad policy.
56
posted on
08/31/2005 2:12:08 PM PDT
by
TChris
("The central issue is America's credibility and will to prevail" - Goh Chok Tong)
To: TChris
Current fuel prices are not the result of Middle Eastern oil supplies nearly so much as they are the result of the shortage of refining capacity in the USA. Nonsense. Current fuel prices have to do squarely with increased worldwide demand, most notably from China.
To: paulcox1978
Nonsense. First, the US only buys about 10% of its crude from the ME, the balance comes from Mexico, Venezuela, Russia, etc.. But all the crude in the world does no good when you can't refine it. China's demand has not increased dramatically in the last year or two, and world supply levels haven't changed that much either. How do you account for fuel price increases of %60 or more when the supply/demand for crude has only changed in the single digits?
58
posted on
08/31/2005 3:00:57 PM PDT
by
TChris
("The central issue is America's credibility and will to prevail" - Goh Chok Tong)
To: Grampa Dave; 11Bush
Judad Priest! Look at that reply #43 right after yours!!!
11Bush done caught him a troll!!! Help him ZAP it!!!
59
posted on
08/31/2005 3:08:06 PM PDT
by
SierraWasp
(Iraq! Our exit strategy should be... VICTORY!!! America IS to die for, Cindy Sheehan!!!)
To: kddid
the EU already taxes gas $3 plus and the only signal it sends is the $pend signal to bureaucrats.
60
posted on
08/31/2005 3:34:57 PM PDT
by
rottweiller_inc
(Hillary isn't the smartest woman in the world; She's the village idiot.)
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