July 23rd, 2008
There has been a lot of talk about which presidential candidate has the best tax plan for “middle class” America. It’s an interesting question because I’m not sure that anyone can actually define “middle class” anymore - my readers seem to feel that it’s all over the place.
Middle class - as it’s widely defined […]
By Kelly -- 10 comments
July 20th, 2008
The proposed gas tax holiday has officially been scrapped.
Of course, this shouldn’t be news - the tax holiday was planned to start on Memorial Day as the kick off to the summer holiday season. Considering that we’re about six weeks away from Labor Day (the proposed end), the idea that the holiday won’t happen […]
By Kelly -- 2 comments
May 23rd, 2008
Fun Friday has wrapped up on the channel - there are lots of great posts about the price of gas and how it affects each of us. I hope you take the time to check out them out!
How Many Miles to the Gallon is That?
http://www.doingbizabroad.com/how-many-miles-to-the-gallon-is-that
Toll Hopping at the Pump
http://www.talkstocktrading.com/toll-hopping-on-the-weekend/
How Much is Gas Hitting You […]
By Kelly -- 1 comment
May 23rd, 2008
The price of oil has increased, on average, $1/barrel over the past month. The result is that gas is likely to top $5/gallon at the pump this summer - compared to $2.80/gallon last year.
What does this mean in pure dollars? According to the Energy Information Administration (from Department of Energy), the average American […]
By Kelly -- 21 comments
May 23rd, 2008
It’s Fix the Tax Code Friday!
There’s been lots of discussion about the gas tax over the past few months, including on this blog. Today, we paid nearly $4/gallon to fill the tank of our Subaru Forester. It totaled nearly $50. A reprieve from the federal gas tax (18.4 cents per […]
By Kelly -- 15 comments
May 12th, 2008
Have you ever heard of the “gas face”? Tisa, over at Talk Stock Trading, refers to a gas face as “a somewhat stressed look of displeasure induced by the pumping of expensive gas.”
Yeah, we’ve all seen it.
Since there’s been some interesting discussion on taxgirl.com about the gas tax (or gas tax holiday), I was […]
By Kelly -- 3 comments
May 6th, 2008
Interesting commentary on CNN about why the gas tax doesn’t make sense and why it won’t pass.
Pay particular attention to the projected savings to taxpayers. I had not previously heard the totals (other than from Obama) and it really is nearly inconsequential. The savings for the entire summer per family is estimated to […]
By Kelly -- 9 comments
April 30th, 2008
Both McCain (GOP) and Clinton (Dem) have called for a temporary suspension of the federal gas tax - or a gas tax holiday - for the summer in response to higher gas prices. Obama has so far not endorsed such a move.
There is currently a 18.4 cent federal tax imposed on each gallon of […]
By Kelly -- 13 comments
August 10th, 2007
Despite pressure following the bridge collapse in Minneapolis, President Bush will not agree to raise gas taxes to pay for highway improvements. Officials in many states - including Pennsylvania, where I now live - have vowed to inspect and repair bridges nonetheless (Pennsylvania has one of the highest concentrations of road bridges in the […]
By Kelly -- 3 comments
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