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Daily Archives: May 2nd, 2008

Gas Tax Holiday Follies

02-May-08

Newsweek: Political Pandering
Newsweek’s Jonathan Alter lists the problems with the “Gas Tax Holiday” being proposed by Hillary Clinton and John McCain.

Oil companies will simply raise their price and pocket the money that taxpayers were supposed to save. The same money ($8.5 billion) the government could have used for road repair. (See below.)
The Pander is only [...]