On 8/31/05, Andy Bradford <[EMAIL PROTECTED]> wrote: > Thus said James Clawson on Wed, 31 Aug 2005 14:37:08 MDT: > > No one in the Federal Government or the governments of the respective > > states has the responsibility or the AUTHORITY to control the price > > of gasoline or of any other consumer product, or to impose MPG > > restrictions on automobiles. > > If only we lived in a truly free market, this wouldn't sound like > economic theory... How about we start by eliminating the rediculously > high gasoline tax?
I've been remembering something I read recently in the paper (just before Katrina). I don't have the sources they used off the top of my head, so feel free to correct or doubt. Anyways, they had a chart that compared US gas prices to european prices. The interesting bit is they broke down the pre-tax and tax components of the price. Across the board, raw prices were about equal, with the US being cheapest by a small margin (5-10%). But taxes in almost any european country were nearly %100, doubling the price of gas. The taxes in the US were about 10-15%. As a result, US gas is several dollars cheaper per gallon. And that savings is in taxes, not raw price. Jacob Fugal .-----------------------------------. | This has been a P.L.U.G. mailing. | | Don't Fear the Penguin. | | IRC: #utah at irc.freenode.net | `-----------------------------------'
