subscribesubscriber servicescontact usabout ussite mapBuy a Classified
Mon, May 12 2008 

Published May 06, 2008 12:19 am - Two presidential candidates support temporary suspension of the federal gas tax.

Our View — Gas tax holiday a bad idea all around


The Free Press

When Republican presidential candidate John McCain suggested suspending the federal gas tax for three months over the summer, he knew he’d tapped into an issue that might resonate with voters.

Who wouldn’t want an 18-cent per gallon drop in gas prices?

The idea seemed good to Democrat Hillary Clinton, too, as she climbed on board with the idea.

Democrat Barack Obama is the only one of the three to oppose the idea, telling people what they need to hear, not what they want to hear.

A gas tax holiday not only wouldn’t save motorists money, it would reduce highway repairs and construction, create job losses, be bad on the environment and only increase oil company profits.

Even if motorists really saw the savings, they’d be nominal — about $30 over the three months for average drivers.

But drivers wouldn’t see the savings. Removing the tax would give Americans a psychological incentive to drive a bit more. That would drive up demand for gasoline, which would increase fuel costs, wiping out or exceeding the tax savings.

Meanwhile, the tax holiday would mean the federal Highway Trust Fund would lose $8.5 billion. That’s money that would not go to states to improve highways. (The Trust Fund already has a $3.2 billion shortfall.)

An association of state transportation officials estimates that loss of highway funds would mean 280,000 construction workers would be out of work.

For environmental reasons — from global warming to air pollution — anything that prompts people to drive more is a bad idea.

Politicians can be expected to float ideas that address the biggest concerns of voters. But promoting “solutions” that would in the end harm those voters and intensify other problems is not a trait anyone likes to see in a president.

Dealing with high gas prices is complex, but politicians should be focusing on things that might really help: Pushing for fuel conservation, increasing vehicle mileage, better regulating the commodity speculators who are artificially driving up oil prices, looking at changes to the nation’s petroleum reserve and other long-term solutions.

Serious policies, not gimmicks, are needed to bring stability at the gas pumps.



print this story    email this story   

Click here to load this Caspio Bridge DataPage.
Click here to load this Caspio Bridge DataPage.




monster
wheels

Find a job! Find a Home! Find a car!

Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Premier Guide
Top Jobs

LIVINGLINKS
livinglinks.org

Part-Time Family Support Specialists
...>MORE

Plasma Center Technicians
BioLife Plasma Services, a subsidiary of Baxter Healthcare, has career openings for Plasma Center Technicians in our Mk...>MORE

MANKATO CLINIC
It's All About Caring
MankatoClinicJobs

...>MORE

DRIVER CDL Haz Mat Endorsement
Valley National Gases, LLC of Mankato,
Minnesota, a leader in the
distribution of propane, industrial and me
...>MORE

SEARS - Appointment Setters
Appointment Setters
Need 3 reliable people to set appointments in local Sears store. Earn up to and over $12-$14 pe
...>MORE

See all ads

Top Auto/Recreation

Lager's Chrysler World •Mankato
LagersChryslerWorld
Browse South Central Minnes
...>MORE

1998 CHEVY SILVERADO Z-7
1998 Chev. Silverado Z-7 4WD, 136,700 miles, ext¹d cab, 3 door, short-box, tonneau cover, 5th wheel hitch, air bag suspe...>MORE

1993 VOLVO 940
Runs and looks good, new parts, $1500/obo 507-385-1782...>MORE

2000 BUICK LASABRE Limited
116000, non-smoker, no rust, AZ car. PS, PB, PW,
PL, A/C, DZCC, ABS, CD, FWD, Auto, 3.8L, Leath Int, Htd Seats, 26
...>MORE

1984 HONDA 650
Honda Motorcycle 650 newer seat, & tires, $525. 625-5680 leave name & phone
...>MORE

See all ads

Top Real Estate/Rental

CENTURY 21 ATWOOD REALTY, INC.
Call us First.
We are Greater Mankato 's No. 1 Home Seller. By Far.
507-387-3131
>MORE

Spacious Apartments that you can afford all over town
Atwood Property Management Inc.
507-388-9375
Serving the Community for 70 years
>MORE

The Right Choice for Rentals
CHOICE REALTY - 507-345-3090
Choice Realty

...>MORE

APARTMENTS & TOWNHOMES
The best selection. Lloyd Management, Inc. Where you're not just residents, you're family! 507-625-5573
>MORE

MANKATO HILLTOP
Mankato Hilltop 2800 Finished Square Feet Corner Lot, 4 + Bedrooms (3 up) 1 & 1/2 Bath Appliances Stay, Hardwood Floors,...>MORE

See all ads

Top Deals of the Day

The Free Press Classifieds
Place your Deal of the Day
Contact
Roxanne, Becky or Lee today!
507-344-6395
...>MORE

See all ads


 

Community Newspaper Holdings, Inc.CNHI Classified Advertising NetworkCNHI News Service
Associated Press content © 2008. All rights reserved. AP content may not be published, broadcast, rewritten or redistributed.
Our site is powered by Zope and our Internet Yellow Pages site is powered by PremierGuide.
Some parts of our site may require you to download the Flash Player Plugin.
View our Privacy Policy
Advertiser index

rc