In order to participate in the GunBroker Member forums, you must be logged in with your GunBroker.com account. Click the sign-in button at the top right of the forums page to get connected.

Trump is Ready for Higher Fuel Taxes!

serfserf Member Posts: 9,217 ✭✭✭✭
edited April 2019 in Politics
With all those bigTax cuts for Big Business then you knew this was coming before the next presidential election cycles! The whole system is nothing but a farce for the common people struggling to stay afloat in this system of corrupt political gamesmanship with lobbyist buying the votes for Rich corporations.

serf
https://www.mcclatchydc.com/news/politics-government/congress/article228794204.html

The Trump administration and congressional Democrats have found something they agree on ? and it could mean higher taxes on gasoline and diesel fuel.

Last week, President Donald Trump?s transportation secretary, Elaine Chao, told senators that a gas tax hike was on the table when asked whether the White House would support such a move

https://www.vox.com/policy-and-politics/2018/7/11/17560704/tax-cuts-rich-san-francisco-fed

Tax cuts have clipped trillions of dollars off federal government revenues in recent years, largely to the benefit of the richest Americans. Two-thirds of the cuts have gone to the top 20 percent of earners. And while the latest round of tax cuts is supposed to boost the economy, that?s not guaranteed to happen. Those are the conclusions of two new reports out this week.

The first analysis, from the Institute on Taxation and Economic and Policy, a liberal-leaning think tank, found that from 2001 through 2018, changes to the federal tax code have reduced revenue by $5.1 trillion. Sixty-five percent of the savings have gone to the richest fifth of Americans, with 22 percent of them going exclusively to the top 1 percent.

Comments

  • mac10mac10 Member Posts: 2,701 ✭✭✭✭
    edited November -1
    why not our new govner wants a tax raise on fuel of 45 cents that would put us in a 1.00 per gal to fix our roads :? that would kill the tourest trade
  • spasmcreekspasmcreek Member Posts: 37,717 ✭✭✭
    edited November -1
    gasoline would be really cheap if you took out the federal, state, and local taxes.......one could enjoy a long drive...see the USA...
  • wpageabcwpageabc Member Posts: 8,760 ✭✭
    edited November -1
    Oil companies already make less then gov on gas sales due to taxes. Its a shame, but thats how bad it is. No matter how much tax revenue they take. Gov seems to find a way to spend it. And then some.

    Not certain Trump is ready for it. Sure its something both sides of the aisle can agree on. For the working man. Just another unfair burden to making a living. Taxing the rich sounds like a better plan. They can start with Jeff Bezos and George Soros and the rest of the 1%.
    "What is truth?'
  • mac10mac10 Member Posts: 2,701 ✭✭✭✭
    edited November -1
    i remember gas at both .15 a gal and 8 gal for a buck :cry:
  • lt496lt496 Member Posts: 116
    edited November -1
    "Trump is Ready for Higher Fuel Taxes!"

    What an utter surprise...not.
    "Freedom is not for the timid" III% BFYTW
Sign In or Register to comment.