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April 17, 2008

good grief

Ok, nobody seems to like Senator McCain's gas tax idea. However, I'd like to give the Senator points for thinking out-of-the box. Nobody has mentioned the major impact, not on personal consumers, but on corporate consumers. If you haven't noticed, food prices are rising. If it is a tax break for Walmart, maybe, they will pass it on to the consumers.

I agree that McCain's plan is probably going to drive consumption up and therefore, price long-term and is bad for the environment. However, as I look at gas prices that are beginning to frighten me, I can see economic benefits to short-term band-aids while we look for long-term solutions. I'm also open to others' ideas while I wait in long lines to pay for $3.40/gallon gas.

I also wonder how high the prices have to get before our behavior actually changes.

Posted by azileretsis at April 17, 2008 02:51 PM

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