>
> --- In FairfieldLife@yahoogroups.com, MDixon6569@ wrote:
> >
> >
> > In a message dated 4/23/06 5:07:29 P.M. Central Daylight Time,
> > noozguru@ writes:
> >
> > I would like to see a windfall profits tax on the oil companies. I
> > don't mind the price of gas going up if it is from taxes to improve
> > roadways, bridges and make mass transit more ubiquitous. And those
> > taxes should not be golden goose for gouging contractors either and
> they
> > should ONLY be used for transportation projects. The scariest
> thing is
> > to see some mindless woman aiming her Ford Expedition or Lincoln
> > Navigator while blathering on her cellphone. I think we should make
> > thought vehicles require truck licensing and take away the tax
> break on
> > them.
> >
> >
> >
> > Don't you think we have enough tax on gasoline? The government
> makes more
> > off a gallon of gas than the oil companies do and they have no
> investment. The
> > last I heard the government makes about 50 cents a gallon and the
> petroleum
> > companies 7 to 8 cents. Actually I would rather hear the oil
> companies side of
> > the story as to why prices are up instead of the usual accusations
> that they
> > are gouging without any proof. Surely the truth lies somewhere in
> the middle.
> >
>
> About a month ago I heard that total tax on a gallon was $0.67. Ouch
> Lots of money....
>
>
> JohnY
Its quite low, huh. If congress and the admin had been far sighted and
had some courage 10-20 years ago -- best yet 30 years ago during the
first oil crises, and added an annual cumulative 10-20 cent tax on gas
(all BTUs actually) and plowed the full tax revenues back into
aggressive incentives for more far more efficient cars, different
types of engines (natural gas, electric, hybrid) as well as doing far
more to jump start solar and wind, etc, demand for gas would have
gone way down, total prices would have fallen (at least relative to
their actual trend), total gas bills would have decreased (50% use x
reduced oil price + tax), arab sponsored terrorism would have been
funded far less, the air would be cleaner, greenhouse gas buildup
would be far less, GNP would be growing faster, and the reveneus we
see now going to oil companies oil lease holders would be far less,
defense spending would have been far less (to keep oil lanes open,
oil sponsored terrorists at bay, and the US rep around the world would
have been far more friendly -- for not beefing up oil patrons,
invading oil countries,etc.
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