How much harm could a gas tax holiday really do?
Many politicians are touting for a gas tax holiday lately, where we as consumers would reap the luxurious benefits of saving money at the pump by the hands of our incredibly generous government. Just imagine what we could spend that money on. Why, we could afford to drive more if the gas was cheaper, am I right?For some reason, this gas tax holiday is a "solution" that many politicians are pushing for, including John McCain and Hilary Clinton. Wave a few dollars in the tax-paying-public's eyes, and they'll love you forever (or at least until you get enough votes to win the election). But as any economist or environmentalist could tell you, this will only make our gas crisis worse, which will in-turn harm our environment even more through pollution, drilling, etc. By decreasing the price paid for fuel (especially following an extended period of high prices), gas usage will go up dramatically, driving down supply. This only increases the vicious cycle that got us into this addiction to oil in the first place.
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Reader Comments (Page 1 of 1)
5-13-2008 @ 1:51AM
Kamal said...
Gas-tax holiday is a stupid idea only proposed to win votes. This is not the way to ween the country off oil.
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