Gasoline Tax

Hillary Clinton and John McCain's Craven Gas-Tax Maneuver

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A couple of weeks ago I wrote about the pandering Presidential politics of Clinton, McCain and Obama. McCain pandered on the gas tax and Hillary and Barack pandered on trade.  read more »

Presidential Panderers: McCain on Gas Tax, Clinton and Obama on Trade

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I don’t know why it still surprises me, but the political pandering of presidential politics continues to reach new and even lower levels. With bridges falling down, potholes unfilled and mass transit never mentioned, John McCain wants to suspend the 18.4-cent-a-gallon federal gas tax from Memorial Day until Labor Day this summer.

McCain’s idea of an economic stimulus is that we all get in our cars and take a ride. Why worry about global warming and collapsing infrastructure? Let’s all hit the road!

It may be painful to hear, but America’s gasoline tax is too low. It should pay for all the costs of road construction and maintenance and it doesn’t even come close to covering our needs.  read more »

Bloomberg on Gas Tax (Yes), Nuclear Power (Yes), Ethanol (No)

The ramp-up to Mike Bloomberg's big Earth Day roll-out continues.

In radio address this morning, the mayor managed a trifecta of proposals that many energy experts will love but which, it's probably fair to say, most vote-seeking, non-billionaire politicians would hesitate to touch with a ten-foot pole.

He pushed for "raising the gasoline tax," and compelling car manufacturers to make more energy-efficient cars.

As for new sources of energy, "the only rational answer," Bloomberg said, is to look towards nuclear power.

Bloomberg also dismissed the idea of relying to heavily on ethanol. (Hello, Iowa!)

More details later.