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Retail Gas Taxes

 






Senator (Reverend) Raphael Warnock's efforts to abolish the gas tax are fascinating for a lot of reasons. One of them is that Warnock almost certainly doesn't want to put it that way. He calls for a "suspension" of the gas tax, presumably until the wartime scarcity has been eliminated and we can get back to the pre-Ukraine-crisis normal. 

If that is what he thinks, he things sloppily. The price hikes are likely to be sticky, staying in place long after the immediate crisis, especially if the epidemiological news stays good. (It is epidemiology that drove prices down in the first place.)  If I'm right and the prices are sticky, will the gas tax holidays stay sticky post-Ukraine crisis? 

Another fascinating point: Warnock put himself into an implicit alliance with Governor Kemp here.

People in political trouble nearing an election have to pose as tax cutters, even if only for a little while. This is Murica, dammit.     

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  1. Paul D. Van PeltMarch 22, 2022 at 8:11 AM

    As a retired government employee, comfortable but far from 'well-off',
    I would like to see several taxes abolished. Could have kept our home and restored it,
    we're it not for taxes. But no one else cares about such inequities. Besides that, thinkers who do that a lot, understand sloppy thinking. They recognize politicians have nowhere
    else to turn to make their living...many who tried washed out. Because of unfocused thought.

    ReplyDelete

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