14 November 2006

Today's rant: Democrats and taxes

Pennsylvania Governor Ed Rendell's second term in office begins with another tax increase proposal. From the CDT:
A report recommends raising the gas tax 12.5 cents a gallon for roads, bridges and transit.
According to PennsylvaniaGasPrices.com, the top ten state gas taxes in the country:
Connecticut 45 cents per gallon
California 44.7 cpg
New York 43.9 cpg
Illinois 37.4 cpg
Michigan 35.2 cpg
Wisconsin 32.9 cpg
Nevada 32.5 cpg
Pennsylvania 32.3 cpg
Florida 31.9 cpg
Hawaii 31.8 cpg
An additional 12.5 cents per gallon would move Pennsylvania, which is already has the eighth highest state gas taxes, to second (44.8 cents per gallon, just 0.2 cents per gallon behind Connecticut). This doesn't include the 18.4 cents per gallon federal gas tax, which would make it 63.2 cents per gallon of state and federal taxes on gasoline. Instead of complaining about "Big Oil" making so much money, realize where a big portion of your gas bill is going.

Also, from the Wall Street Journal:
A mere two days after Democrats capture Congress claiming they wouldn't raise taxes, former Treasury Secretary Robert Rubin tells them they should do so anyway.

"You cannot solve the nation's fiscal problems without increased revenues," declared Mr. Rubin, the Democratic Party's leading economic spokesman, in a speech last Thursday. He also took a crack at economic forecasting by noting that "I think if you were to increase taxes right now, you would have probably about zero negative effect on the economy."
Congratulations America, you voted for the Democrats and now you'll pay for it...right out of your pocketbooks.
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