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Heavy-Handed Politics

"€œGod willing, with the force of God behind it, we shall soon experience a world
without the United States and Zionism."€ -- Iran President Ahmadi-Nejad

Saturday, July 19, 2008

Lower Gas Taxes Won’t Equal Lower Prices, Democrat Says
If Congress were to lower the 47 cents per gallon federal and state tax currently levied on gasoline, a price reduction would probably not be passed on to consumers, Sen. Ben Nelson (D-Neb.) told Cybercast News Service on Tuesday. But two Republicans said they think a tax cut would provide short-term relief.

So lets see if I have this right. Lower gas taxes won't lower the price of gas but raising them (ie., "windfall" gas tax) will. Brilliant. Simply brilliant. A sixth grader has a better handle on basic economics than they do.

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