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Gas Tax Could Become Green Energy Catalyst

Tinsldr2 Wrote: Feb 22, 2013 3:35 PM
Three reasons tibby, one; it is not really smaller as I looked up in my other post above. Two; because like I point out, they are DOING more they should not be involved in as I alluded to above. Federal school spending etc Three; because rising costs of so called "entitlement programs" from medicaid, food stamp usage, increased section 8 housing, increased Social Security, etc Four; Devaluation of the dollar by Fed action of quantitative easing makes doing the SAME things more expensive

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...