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2017-05-02 Economy
Overnight Energy: Trump open to gas tax increase
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Posted by Besoeker 2017-05-02 04:10|| || Front Page|| [11134 views ]  Top

#1 also pushing for an overhaul of the federal tax code, though he did not include a boosted gas tax in the proposal the White House released last week

Not sure how the tax code and the budget are related, Mx. Journalist, but the boosted gas tax might reduce the deficit, which might save one of your progressive pet projects, at least for this year.
Posted by Bobby 2017-05-02 07:53||   2017-05-02 07:53|| Front Page Top

#2 Wasn't the gas tax money already earmarked for infrastructure?
Posted by CrazyFool 2017-05-02 09:19||   2017-05-02 09:19|| Front Page Top

#3 
#2 Wasn't the gas tax money already earmarked for infrastructure?

Wink wink, nudge nudge.
Posted by charger 2017-05-02 09:54||   2017-05-02 09:54|| Front Page Top

#4 When all else fails, raise taxes.
Posted by Besoeker 2017-05-02 09:56||   2017-05-02 09:56|| Front Page Top

#5 Fuel taxes are generally cents per gallon, which helps keep revenue flow stable when prices are wildly fluctuating, but in a generally inflationary environment the tax revenue does not keep pace. What to do, what to do? Aha! A ratchet tax, set at percentage when prices are rising and cents per gallon when they are falling!
Posted by Glenmore 2017-05-02 11:05||   2017-05-02 11:05|| Front Page Top

#6 Effective 1 November 2017, the California excise tax on gas goes to 30 cents per gallon, with another 9.8 cents sales tax on the total amount (yes. Sales tax on the underlying excise tax). This 12 cent per gallon increase was passed so the Peoples Republic of California could repair the existing roads that rival Guatemala for their condition. We were promised it would oh be for Two years and then would revert back to existing levels by Jerry, so I'm sure the Prez will exempt us from even higher gas prices. No really.....
Posted by NoMoreBS 2017-05-02 12:59||   2017-05-02 12:59|| Front Page Top

#7 "We are going to eliminate Obamacare." "We are going to cut taxes." "We are going to build that wall" "In September." "There is always next year."

Makes you want to go to DC and plow under every golf course green until they stop putting on their campaign promises.
Posted by Nero White 3083 2017-05-02 13:15||   2017-05-02 13:15|| Front Page Top

#8 And by raising the gas tax those that have electric cars don't have to pay for the roads they use. Since Tesla already gets massive government subsidies this is like double screwing the taxpayer.
Posted by rjschwarz 2017-05-02 13:57||   2017-05-02 13:57|| Front Page Top

#9 Funny how California needs more money to fix the roads yet when I drive around Southern California I notice that Orange County is finding the money to keep their roads rather nice while Los Angeles appears to pay people to destroy the highways or something.
Posted by rjschwarz 2017-05-02 13:58||   2017-05-02 13:58|| Front Page Top

#10 Never was about the roads RJ. Just before they raised taxes they were begging Washington for money to pay their current bills. Now that they have raised taxes to repair "roads", the beggars have stopped begging.
Posted by Nero White 3083 2017-05-02 14:20||   2017-05-02 14:20|| Front Page Top

#11 Well, RJ, not just the electrics.
All the clustered innercity demovoters that don't drive don't get taxed.
Posted by Skidmark 2017-05-02 14:56||   2017-05-02 14:56|| Front Page Top

#12 "f-u-n-g-i-b-l-e"
Posted by Frank G 2017-05-02 14:57||   2017-05-02 14:57|| Front Page Top

#13 We don't have a revenue problem. We have a spending problem.

But if you want to discuss gas taxes, OK. Let's start by adding up all of the current taxes on fuel, then accounting for where that existing money is going. Let's publish that data so that every American knows how much he is paying and what he is getting for that money. If Americans still support raising the gas tax after that, then so be it.
Posted by Iblis 2017-05-02 15:04||   2017-05-02 15:04|| Front Page Top

#14 Remembering that every mention of something President Trump is pondering is the opening move in a negotiation, with whom is he negotiating here, and about what?
Posted by trailing wife 2017-05-02 16:06||   2017-05-02 16:06|| Front Page Top

#15 Free sex changes for everyone, on the house!
Posted by Speper Chirt7924 2017-05-02 19:06||   2017-05-02 19:06|| Front Page Top

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