The thing is though that most of what we pay for gas IS taxes
I'm not sure about that. Wikipedia says (http://en.wikipedia.org/wiki/Gasoline_tax) that the average gas tax in this country is 47 cents per gallon, and I think the average gas price is around $4 per gallon. Maybe the majority of the money is going somewhere other than the oil companies, but if this is correct, it presumably isn't to the government.
Yes, it fails if people don't spend money, but people have been spending too MUCH money for so long, so there's no sensible way to get out of it.
Seeing how much money a lot of Americans spend makes it seem odd that anyone could say the problem is that people aren't spending enough money. I guess the right people aren't spending the right amount of money in the right places, or something like that.
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Date: 2008-05-07 10:55 am (UTC)I'm not sure about that. Wikipedia says (http://en.wikipedia.org/wiki/Gasoline_tax) that the average gas tax in this country is 47 cents per gallon, and I think the average gas price is around $4 per gallon. Maybe the majority of the money is going somewhere other than the oil companies, but if this is correct, it presumably isn't to the government.
Yes, it fails if people don't spend money, but people have been spending too MUCH money for so long, so there's no sensible way to get out of it.
Seeing how much money a lot of Americans spend makes it seem odd that anyone could say the problem is that people aren't spending enough money. I guess the right people aren't spending the right amount of money in the right places, or something like that.