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HOW TO THINK ABOUT THE GAS TAX HOLIDAY PROPOSALS
May 06, 2008
Megan McArdle shares the secret:
1. Go to the Department of Energy's Energy Information Administration page. Look at the refinery utilization statistics. And the world oil production figures. And, of course, the figures on gasoline consumption. They have all been cleverly marked on the page for just this purpose.2. Take one (1) frosty beer from the refrigerator. Those who do not have beer in the refrigerator may substitute a soft drink, a glass of white wine, or a hard cider. Do not attempt to replace the beer with Zima or wine coolers, however. These are known to cause your IQ to drop by 30 points.
3. Sit down in a comfortable chair with your beverage of choice.
4. Think for two minutes.
You too will be blessed, as if by heaven, with the easy answer: do not fool around with the stupid gas tax. No, I swear. It works every time.
There's more, and it's all worth reading.
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Comments
Repealing the gas tax will save most people $3 per fill-up. It's more about political pandering. They should repeal the payroll tax: http://quickbooksdiscounts.blogspot.com/2008/05/quickbooks-makes-it-efficient-to-do.html
Posted by: David Wallace | May 6, 2008 4:27 PM