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Thursday, February 7, 2008

Federal Gas Tax increased by 200%?????? Are they Serious???

I was floored when I read this Headline on the Heritage Foundation's website. The National Surface Transportation Policy and Revenue Commission released a report on January 30th proposing a .25 cent tax on gasoline and increasing it over the next five years to .40 cents and then adjusting it with inflation after that point.



It may be just me but I like my money. I would like them to cut the federal tax on gasoline by 40 cents over the next five years, while at the same time taking some of that "ear-mark" money and cutting the enviromental regulations and allowing private companies to build more oil refineries and begin to drill in ANWAR and off the coast of Florida.



Don't try to take more our our money, get the monkey off our backs.



Now this report goes on to say that this increased revenue will go to new roads, transit, administra­tive, and environmental initiatives, including a 700 percent increase in Amtrak subsidies. AMTRAK SUBSIDIES????? If they can't make it on their own, shut down the damn rail lines. What the hell are they talking about?