Quote:
Originally posted by taxwonk
I'm sure we could finance part of it with that. Of course, since the American people are the largest consumers of that oil, wouldn't that just be a hidden tax, with a decent profit for Halliburton, Chevron/Texaco and the other majors built in?
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User taxes bother me less than income or wealth based taxes. The vast majority of Americans have public transportation options but eschew them to indulge in the benefits of cheap oil. All the liberals here rant and rave about how Bush is killing the environment (along with innocent terrorists) but the public buses, trains, rideshare programs et al are utilized at something less than 30% of capacity. I see more SUVs here than in any other place I have ever lived (although in fairness that is also a prodduct of the fact that SUVs continue to become more popular generally). the green faced treehugging liberals are the worst hypocrats I have ever seen.
Also, going back to the first sentence, to some extent I am for raising gas taxes, especially if the money was earmarked for purposes in furtherance of the public good. Like killing our terrorist enemies and furthering our superpower rule over the world.