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Gas Tax Could Become Green Energy Catalyst

Chicken George Wrote: Feb 23, 2013 9:43 PM
Don't you remember. Obama said: "Under my plan energy prices would necessarily skyrocket." Cap and Trade is another tax that harms the the economy. Remember the money he gave to those solar panel companies that failed? Obama and the Democrats plan to tax everything they can. Intelligent economist know that the negative impact Obama care will have on the economy will be devastating. Like every other government program every year the cost get higher and higher. We have a 16 trillion dollar debt and no economic growth. Where's this money going to come from? In 1966 when medicare was created the cost was $12 billion.

Rising gas prices are beginning to approach May 2011 levels, signifying that the economy hasn’t grown much in the past two years. Despite the recent drop in crude oil barrel prices, state governments and environmentalists are actually pushing for an increase in gas taxes. The federal gas tax currently sits at 18.4 cents per gallon, but recent proposals are looking to raise the tax 2 cents annually over the next five years.

Environmentalists see the gas tax as a way to promote green energy standards. In the New York Times, proponents argue that:

“[I]f our goal is to get Americans...