New Gas Tax Plan
The RTD says the Senate has proposed a new gas tax plan. This one levies a 5% tax on wholesale gasoline, which will obviously be passed onto the consumer. The kicker is that consumers will be able to get the tax they pay rebated by saving receipts. Luckily Speaker Howell shot this down quickly.
First off, if we are going to have a tax; why are we going to rebate it? Second, if this rebate is based on the price we pay at the pump and the 5% is based on wholesaler prices there will actually be rebated more than what the state receives if everyone got their rebate.
Terrible idea folks.
First off, if we are going to have a tax; why are we going to rebate it? Second, if this rebate is based on the price we pay at the pump and the 5% is based on wholesaler prices there will actually be rebated more than what the state receives if everyone got their rebate.
Terrible idea folks.
posted by GOPHokie @ 4:33 PM
4 Comments:
At 2/16/2006 6:40 PM,
Dvt guy said…
I don't support raising taxes for transportation.
However, if it is to happen, then we need to raise a straight forward tax that the public can see. No creepy fee increases.
A gas tax increase is a user fee for transportation, and if you're going to raise money for roads, it makes sense (this rebate is a bit silly, however).
The "Abuser Fees" plan is quite dumb. It's being advocated by people who claim to be anti-tax.
At 2/16/2006 7:41 PM,
GOPHokie said…
I dont deny that new taxes for roads, if we are going to pass any, need to be gas tax related.
What I dont understand about this bill is how it will actually raise any revenue since its all open to be rebated.
At 2/17/2006 11:42 AM,
GOPHokie said…
The problem with any arbitray tax per vehicle is that it doesnt take into account the wear and tear it actually causes.
Driving makes the biggest difference (even though weight certainly plays a role).
I cant say exactly what I think of abuser fees since I havent seen a very detailed plan of what it will be.
At 2/20/2006 5:08 PM,
GOPHokie said…
While I do not support raising taxes, I dont understand why you support raising the gas tax but oppose imposing a sales tax on gas.
Whats the difference, assuming its based on a revenue neutral proposal?
Post a Comment
<< Home