Wednesday, August 13, 2008

Americans Drive 12.2 Billion Fewer Miles in June, Greedy Politicians Hardest Hit

You'll notice this trend will likely continue as people struggle to pay exorbitant gas prices caused by Democrats and their refusal to drill for our own oil.

Though you'd think so many fewer miles driven would be cause for celebration that Americans are being forced to drive less, hence less pollution, more people drivings hybrids and so forth.

No, the worst thing? Less tax revenue, of course.
The downside for the government is less money to pay for highway projects and public transportation, which is funded by an 18.4 cent-per-gallon gasoline tax and a 24.4 cent-per-gallon diesel fuel tax.

"Advances in higher fuel-efficiency vehicles and alternative fuels are making the gas tax an even less sustainable support for funding roads, bridges and transit systems," said Transportation Secretary Mary Peters.
Hmm. So the federal government gets 18.4 cents a gallon for gas and 24.4 cents for diesel.

Why isn't that considered windfall profits for the government?

The evil oil companies aren't even making 10 cents profit on the gallon and are demonized daily by the Democrats. Yet the federal government is raking in 18.4 cents on the gallon for doing nothing and nobody utters a peep.

I'm sure you've all notice a steady decline in gas prices the past couple of months as demand has decreased. How come this isn't reported as much as when prices go up?

No comments: