scribblings from a deist transhumanist libertarian minarchist citizen soldier

Here’s an idea for all those of you bitching about fuel prices

Posted by Trevor in under other on Sep 5th, 2005 | View Comments |

Write to your elected leaders. The average tax on fuel is 23%. I’m hearing a lot of whining about the cost of filling the tank and “greedy” corporations. What about government? If anyone can afford to stop profiting from the cost of a gallon of gas, it’s government. They make the money, they can borrow in unlimited quantities, and they can afford to stop raping us at the pump until the current situation with supply and demand has been resolved.

Sure, the greedy corporations could lower their prices. But they only make a 17% profit on the product that they bring us, from the ground to the pump. The government, which does nothing to add value to a gallon of crude oil and has no role in getting it to your local pump, gets 23% just for being the government. And that’s where we should start demanding a price break.

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Toni

You bet Trevor

Trevor

Thanks, Toni.

Toni

I actually think it's around 30% but can't remember just where I got the stat. I was and have been making the same argument in the last couple weeks. Course, nothing has moved on this since of course people just whine about the oil companies and forget that as gas/gal increases so do the taxes. Good luck on your deployment. I'll be checking in on you. A good friend of mine from the 101st arrived in Kuwait the end of August.

Kitanis

If Anyone can Prove to me that the gas taxes indeed go to just the roads.. then I am all for them. But the Federal Outlays on their highway projects do not match up to the taxes taken in.

I am with Trevor on this.. but I really do wish I bought some Chevron Stock that I was once offered.. it would be providing me withe a nice nest egg right now.

Trevor

Jay just doesn't understand the difference between 17% and 23%, which is where he got a government nickel versus a an evil oil company dime, Jake. He's an angry man with a plan to whine his way to victory. His victory condition isn't to make anything better - as long as he gets rid of Bush, he'll feel a sense of accomplishment.

Jake

Jay,

There is a sin tax, gas tax, death tax, food tax, property tax, income tax and I could name a list to go on forever.

I live in Missouri and we have some of the worst roads in the country and they keep asking for more money but the roads get little or no improvment, if I worked at a job and made no improvement I would be fired.

They need to stop spending tax money on all this socialism and aid to foreign countries and then they could lower the taxes on gasoline. They can't do it now but if they cut government spending they could cut all these outrageous taxes.

jay

Those poor, poor oil companies. Lesseee.....when was their last record breaking profit quarter?

I agree that we should get rid of the outrageous tax on gasoline. I bet our highways would last at least a couple of months without the funds and that way, you could pay a nickle a gallon less at the pump...while the oil company jacked it up a dime a day.

Jake

Well said. The government taxes and spends and it completes a never ending circle of the young paying for the old and the old paying for the young and the government taking what is left.

If we were to end a lot of this taxation we would all be better off.