Clinton-McCain gas tax holiday slammed as bad idea

Discussion in 'Politics' started by Ps104_33, Apr 30, 2008.

  1. Ps104_33

    Ps104_33
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    WASHINGTON (Reuters) - A gas tax holiday proposed by U.S. presidential hopefuls John McCain and Hillary Clinton is viewed as a bad idea by many economists and has drawn unexpected support for Clinton rival Barack Obama, who also is opposed.
    "Score one for Obama," wrote Greg Mankiw, a former chairman of President George W. Bush's Council of Economic Advisers. "In light of the side effects associated with driving ... gasoline taxes should be higher than they are, not lower."
    http://www.reuters.com/article/politicsNews/idUSN3038243520080430?feedType=RSS&feedName=politicsNews
     
  2. billwald

    billwald
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    Save maybe 5 cents on 4 dollars? How is that going to help anyone?
     
  3. hillclimber1

    hillclimber1
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    I think it's actually close to $.20...Still not too much benefit, to the consumer, except a lot of money the govt. can't use for their socialist agenda.
     

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