With gasoline prices at lows not seen since 2009, some political - TopicsExpress



          

With gasoline prices at lows not seen since 2009, some political observers and business executives say now is the ideal time to raise the 18.4 cent-a-gallon tax on gasoline and the 24.4 cent-a-gallon tax on diesel fuel, which haven’t increased since 1993. The taxes are the main source of revenue for the highway trust fund. For commodities, however, that which comes down often must go up. The rapid collapse of oil prices is not a permanent feature of the global economy. Already, crude prices are again beginning to stabilize (the reaction to which prompted a 300 point Dow Jones Industrial Average spike on Thursday). hotair/archives/2015/01/08/democrats-and-republicans-agree-its-a-perfect-time-for-a-gas-tax-hike/
Posted on: Fri, 09 Jan 2015 03:44:18 +0000

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