Full Version : Gas Tax Holiday
nearsports >>The "Other" Forum >>Gas Tax Holiday


<< Prev | Next >>

Falcon5- 05-16-2008
I just want to hear some of your opinions regarding the gas tax holiday that Senator's McCain and Clinton have proposed. In my humble opinion, I think it is a joke. I have heard the "experts" say that it will only save most families around $30 to $40 dollars. I have also heard that it would cost our country almost $800,000,000 in revenue. Most of this $800,000,0000 goes toward fixing our roads in one way or another whether it be salaries for road workers or in other ways.

I guess my major problem with it is based almost entirely on the fact that over the last few years our country has accumulated so much debt. I see no reason to enact something that will only enlarge our debt and force future generations to repay an even greater amount than they already have to repay. As much as I really don't like Senator Obama he seems to be the only one who has any sense regarding this.

The numbers and statements used above are from a recent article of The Week or US News and World Reports. I read the article a few days ago and I was not able to find the magazine when I started writing this. I apologize for this. The numbers and statements used above may not correlate directly to the article I mentioned but I am sure you could find the numbers and statements above in some article regarding this.

pixtaker- 05-17-2008
QUOTE (Falcon5 @ May 16, 2008 04:06 pm)
I just want to hear some of your opinions regarding the gas tax holiday that Senator's McCain and Clinton have proposed.  In my humble opinion, I think it is a joke.  I have heard the "experts" say that it will only save most families around $30 to $40 dollars.  I have also heard that it would cost our country almost $800,000,000 in revenue.  Most of this $800,000,0000 goes toward fixing our roads in one way or another whether it be salaries for road workers or in other ways.

I guess my major problem with it is based almost entirely on the fact that over the last few years our country has accumulated so much debt.  I see no reason to enact something that will only enlarge our debt and force future generations to repay an even greater amount than they already have to repay.  As much as I really don't like Senator Obama he seems to be the only one who has any sense regarding this.

The numbers and statements used above are from a recent article of The Week or US News and World Reports.  I read the article a few days ago and I was not able to find the magazine when I started writing this.  I apologize for this.  The numbers and statements used above may not correlate directly to the article I mentioned but I am sure you could find the numbers and statements above in some article regarding this.

It's only $30 or $40 dollars in savings...

Next time you come through Hoxie, give me a call and toss out $30 or $40 dollars if that money isn't that important. I can find good use for it.

I find it odd to hear some people explain away how the federal government has more rights to their own money than they do. Politicians in Washington can better use your money than you can?

I'd like to know when Falcon5 pays his federal taxes he slips a little extra in there as well. By looking at his post...you can never tell blink.gif

Hillbilly- 05-18-2008
But unless Ark law has changed the McCant and Billary proposals will make no difference to us. When the feds considered such a thing years back(after 911 perhaps) it came out that the way the tax on gas is structured the state tax in arkansas state tax will increase by the same amount that the fed tax drops. Seems like there is a tax cap per gallon in arkansas and part of the state tax gets waived if the combined fed and state taxes go over a certain amount. It won't actually be a state tax increase since the tax rate is already in place and is currently being reduce.

Bottom line is we pay the same per gallon taxes in Arkansas and are money stays here, not a bad thing but when Falcon5 throws the money out the window to pixtaker, pixtaker has to send it to Little Rock.

pixtaker- 05-18-2008
Very seldom if ever will you see any tax being repealed for a short period of time. You may however see a kickback of sorts after a consumer documents his/her total use. By using the long form when filing taxes a certain amount can be deducted for business use. However, most people don't take the time to keep up with receipts and simply use the 1040-EZ and get all excited 'cause they get a refund. The refund which is their money anyway.... nearsports/mdr.gif

Sitting at a local coffee shop, some of the older customers were complaining about people getting these "economic stimulus" checks from the federal government. They were saying only the rich people will get this money. I kinda laughed and said I have always got one of these checks and I consider myself anything but rich. Some say our government can't afford this loss. This money is being sent back to the people who pay taxes and they will in turn spend this money for some personal goods. It's a win-win situation, and the cycle of consumers paying taxes starts all over again.

I talked with a local Farm Supply dealer about farmers potentially getting some kind of help from the government on the ever rising fuel cost. He said farmers could potentially get 6 cents per gallon, but all of that is still up in the air and nothing final has been decided.

A couple of weeks ago I was in need of some fuel for my farm. The local dealer where I have been buying diesel for some time was 9.1 cents per gallon higher than a dealer some 50 miles from here. I approached the local dealer and told him I could beat his price my nearly a dime. Needless to say the local dealer wouldn't budge and lost a sale. After the delivery of nearly 3500 gallons of fuel, that 9.1 cents per gallon really added up. But like some would say....it's only a dime. nearsports/mdr.gif

Falcon5- 05-19-2008
QUOTE (pixtaker @ May 18, 2008 04:55 am)
QUOTE (Falcon5 @ May 16, 2008 04:06 pm)
I just want to hear some of your opinions regarding the gas tax holiday that Senator's McCain and Clinton have proposed.  In my humble opinion, I think it is a joke.  I have heard the "experts" say that it will only save most families around $30 to $40 dollars.  I have also heard that it would cost our country almost $800,000,000 in revenue.  Most of this $800,000,0000 goes toward fixing our roads in one way or another whether it be salaries for road workers or in other ways.

I guess my major problem with it is based almost entirely on the fact that over the last few years our country has accumulated so much debt.  I see no reason to enact something that will only enlarge our debt and force future generations to repay an even greater amount than they already have to repay.  As much as I really don't like Senator Obama he seems to be the only one who has any sense regarding this.

The numbers and statements used above are from a recent article of The Week or US News and World Reports.  I read the article a few days ago and I was not able to find the magazine when I started writing this.  I apologize for this.  The numbers and statements used above may not correlate directly to the article I mentioned but I am sure you could find the numbers and statements above in some article regarding this.

It's only $30 or $40 dollars in savings...

Next time you come through Hoxie, give me a call and toss out $30 or $40 dollars if that money isn't that important. I can find good use for it.

I find it odd to hear some people explain away how the federal government has more rights to their own money than they do. Politicians in Washington can better use your money than you can?

I'd like to know when Falcon5 pays his federal taxes he slips a little extra in there as well. By looking at his post...you can never tell blink.gif

No, don't get me wrong $30 or $40 is a ton of money to me. One article I read said every economist in America thinks this is a horrible idea except for the ones working for McCain and Clinton. Like I mentioned in my first post I have read that most of this tax money goes toward infrastructure (fixing highways and paying people who do fix our highways). I see no reason to take a chance on these people losing their jobs (as some of the articles have mentioned) if it saves me a whopping $30. Yes, $30 is not a lot of money if you consider that many people could be laid off or even lose their jobs. I personally don't know a lot about our highways and byways but I have heard that our country's infrastructure is falling apart. Again, $30 is not a lot of money when I consider these things. Maybe these things above are just worst case scenarios but I see no reason in taking a chance over such a small amount of money. Finally, let me reiterate $30 is a small amount of money when considering the above. If nobody is losing their jobs and everything is going to be fine with our highways I am all for this.

I should mention and maybe one of you can ride with this. Senator Clinton has proposed taxing the oil companies more in order to make up for the loss of money if we did wave the federal gas tax. One of the magazines mentioned this wouldn't work. I am sure one of you can probably tell me why it will, though.

pixtaker- 05-19-2008
QUOTE (Falcon5 @ May 19, 2008 07:23 am)
I should mention and maybe one of you can ride with this. Senator Clinton has proposed taxing the oil companies more in order to make up for the loss of money if we did wave the federal gas tax. One of the magazines mentioned this wouldn't work. I am sure one of you can probably tell me why it will, though.

This is nothing but Hillary's attempt to show voters she feels our pain. Make those rich oil companies pay out the nose.

Never mind the fact that these same rich oil companies supply 1000's of jobs around the world for Americans. Nothing but more of classic class warfare...it's worked before, so she'll try it again.

Fact of the matter is, any additional taxes or regulations placed on oil companies will simply be offset by higher prices at the pump. Smart move Billary!

Hillbilly- 05-19-2008
A penny is a lot of money.

If you see a penny laying on the ground do you pick it up?

Let's say it takes you 2 seconds to bend over, pick it up and put in in your pocket. 30 times in a minute is $.30. Sixty minutes in an hour thats $18. I sort of like $18/hour taxfree even if it gets prorated over 2 seconds.

4Rebels- 05-19-2008
The "Gas Tax Holiday " is a joke.

The best solution is to start pumping in the states (Alaska- Texas) And tell OPEC

where they can stick their oil!!


But it ain't gonna happen... ALL the politicians have been bought by the oil companies (it's kinda obvious).

PTMurph- 05-20-2008
I find that politicians who have been bought by the environmentalists far outnumber any politicians who have been bought by oil companies.

Why shouldn't we drill in the ANWR? Don't say that even if we started now it would be years before we could use the oil. If we had started drilling when we started talking about it we'd have a rich supply now, but the politicians who are owned by the environmentalists wouldn't let us.

Why has no one built a refinery in the United States in 32 years? The environmental restrictions are so tight that no one can afford to, which has resulted in us importing somewhere around 13% of our REFINED fuels, not oils.

Why is 85% of our off shore oil off limits to drilling, even though that not a drop of oil was spilled when some 1000 offshore oil wells were destroyed during Hurricanes Katrina and Rita?

Why has US oil production decreased by 40% since 1985?

Sadly, the answer to each of these questions is nothing more than absurd environmentalists and the politicians who cater to them.

pixtaker- 05-20-2008
QUOTE (PTMurph @ May 19, 2008 11:45 pm)
I find that politicians who have been bought by the environmentalists far outnumber any politicians who have been bought by oil companies. 

Why shouldn't we drill in the ANWR?  Don't say that even if we started now it would be years before we could use the oil.  If we had started drilling when we started talking about it we'd have a rich supply now, but the politicians who are owned by the environmentalists wouldn't let us.

Why has no one built a refinery in the United States in 32 years?  The environmental restrictions are so tight that no one can afford to, which has resulted in us importing somewhere around 13% of our REFINED fuels, not oils.

Why is 85% of our off shore oil off limits to drilling, even though that not a drop of oil was spilled when some 1000 offshore oil wells were destroyed during Hurricanes Katrina and Rita?

Why has US oil production decreased by 40% since 1985?

Sadly, the answer to each of these questions is nothing more than absurd environmentalists and the politicians who cater to them.

Oh my goodness...a post that is right on the money. What are you doin' on NEARSports? nearsports/mdr.gif

Hillbilly- 05-20-2008
We also have failed to build nuclear plants or new hydro plants for the same reasons. And they are they cleanest options.

pixtaker- 05-20-2008
QUOTE (Hillbilly @ May 20, 2008 08:16 pm)
We also have failed to build nuclear plants or new hydro plants for the same reasons. And they are they cleanest options.

Being rational and being a politician doesn't mix too well. More often than not, office holders are too busy telling their constituents what they want to hear and not doing the jobs which really need to be done. But hey...they care about what is going on and they realize a problem exists, doesn't that count for something? nearsports/0c4fae0e.gif nearsports/headbonk.gif nearsports/mdr.gif

Hillbilly- 05-21-2008
QUOTE (pixtaker @ May 20, 2008 08:50 pm)
QUOTE (Hillbilly @ May 20, 2008 08:16 pm)
We also have failed to build nuclear plants or new hydro plants for the same reasons. And they are they cleanest options.

Being rational and being a politician doesn't mix too well. More often than not, office holders are too busy telling their constituents what they want to hear and not doing the jobs which really need to be done. But hey...they care about what is going on and they realize a problem exists, doesn't that count for something? nearsports/0c4fae0e.gif nearsports/headbonk.gif nearsports/mdr.gif

If an individual knows a problem exists in thier business and fails to fix it they are responsible if someone is injured by that problem.

Both political parties and almost all politicians have failed us, specifically in the last 20 years. They don't have to bear any of the responsibility for the problems they are failing to fix. If by some chance a 'new' candidate gets elected its like putting a $2000.00 dollar set of wheels and tires or a $2500.00 stereo system in a 20 year old Cutlass or pickup worth about $200( well $400 since scrap has gone thru the roof).

The system is broke and while most care, no elected person can fix it even if they try. The gas tax holiday is just an antenna topper from the Dollar store.

Free Forum Hosting by Forumer.comTM!