By Chris Butler | Watchdog.org
Gas prices in middle Tennessee falling to about $1.96 a gallon had politicians foaming at the mouth for a higher fuel tax.
In their own peculiar way, beer drinkers have proven that raising taxes, whether on gas or anything else, means bad things for the economy.
Binge-drinkers are plentiful in states with the lowest alcohol taxes, such as Montana, Wisconsin and Delaware, according to the study. The authors seem to suggest higher beer taxes result in a victory for public health.
That’s one way to look at it.
Regardless, we can glean— as if we didn’t already know — that tax rates influence spending behavior.
Tennessee officials are considering increasing the current 21.4 cents per gallon gasoline tax used to fund the state’s roads and road maintenance.
Even U.S. Sen. Bob Corker, R-Tenn. has reportedly proposed increasing the federal gas tax of 6 cents a gallon each year for two years. The federal tax is now 18.4 cents per gallon.
But Corker wants to cut the federal income tax “to balance it out.”
So, knowing that taxes restrain how a person spends his or her money, one might assume these public officials are actively trying to discourage driving in general.
Gas prices, after all, have a ripple effect on the rest of the economy.
As gas prices fall, businessmen and women have a chance to decrease prices on the goods and commodities they sell, thanks to lower transportation costs.
The people who work and produce things and pay taxes had a hard enough time last year with skyrocketing health insurance costs, thanks in large part to Obamacare.
April 15, lest we remind you, is on its way, and gas prices will probably rise in the coming months.
These craven politicians are bold enough to demand more and more taxes to pay for government yet they are unwilling to sacrifice anything in terms of their own costly pet political projects.
The few people who drive these cars aren’t paying a fuel tax, which funds the roads. The gasbags who pushed for this told Tennessee Watchdog they never had the foresight to predict that problem.
So, clueless public official, take a long, hard look at yourself in the mirror and ponder how else you can meet our transportation needs without taking even more from the rest of us.
Literally and figuratively, in terms of our finances, we taxpayers are simply out of gas.