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Clinton / Obama spar over gas tax holiday, McCain out in right field... |
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Written by CombatRob
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Friday, 02 May 2008 |
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...first, I think Obama is right. It's a
shell game by Clinton and McCain. A suspension of the .18 cent
Federal tax, which I support in principle, would in practice save
us the consumer very little money. Simple math bears this out. I
put $67 dollars in gas in my tank yesterday (Nissan Frontier); that
was app. 18 gallons. The suspension of the tax would save me $3.24
twice a month, if gas prices stayed at their current rate (which is
far from certain; the gas companies may, as Obama suggests, simply
raise their prices to take advantage of the increased profit
potential). All things remaining equal, for a four month
suspension, I would save...wait for it...$25.92. I'm not one to
ignore a 'free' $25, but at the same time, this is not the major
issue Clinton and McCain want to make it. Not even close. They're
pandering to the masses, hoping we're too ignorant to do to the
math and realize that if you vote for one of them over this issue,
you'll have sold your vote for $25.92.
And Sen McCain...that is about 1/6th the cost of my last textbook.
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