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Obama is wrong about the gas tax
Think Clinton's plan to suspend the gas tax temporarily is a bad idea? A similar measure in Illinois -- which Obama backed -- seems to have helped consumers.
By George Frost [2008-05-06]

  • wish list

    "But if Clinton replaces the lost revenue with a windfall profit tax on oil companies, as she insists is necessary, then there would be no harm to our infrastructure repair work."

    While we're at it, I'll take a vacation home in Vail, a gold-plated toilet, and...ooh! ooh!...a Ferrari cake!

    If Clinton can pass a windfall oil profit tax, I figure she can get me a Ferrari cake. This article is based on some assumptions that may be economically feasible, but are a political joke. Ramming a climate change bill through Congress that forces polluters to buy permits is one thing, but directly attacking the profits of the oil companies is a non-starter. There's a difference between blind optimism and optimistic realism, Mr. Frost.

    And: if we're all snickering about the efficacy of a $600 tax break to fix the slumping economy, how pathetic is a $30 tax break?

    -- ahoy polloi
    [Read ahoy polloi's other letters]
    Monday, May 5, 2008 07:24 PM
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