Saturday, October 31, 2009

What do you think about a federal gasoline tax credit ?

If you knew you could save all of your gasoline receipts during the previous year and present a valid drivers license to the federal government at tax time. Wouldn%26#039;%26#039;t it be nice to claim your gas consumption on your federal taxes and get decent refund for your money that you paid out in gas.



If you answered yes. Then call, write or e-mail your federal elected officials or go directly to their office and tell them you want a gasoline tax credit now. Oil companies are making big bucks. Why can%26#039;t we make our bucks too ?



What do you think about a federal gasoline tax credit ?

Yes that would be great. Did you know that you get a tax break if you buy a hybrid vehicle?



What do you think about a federal gasoline tax credit ?

The Federal government is DIRECTLY responsible for more of the price of gas than the oil companies are. If you expect them to do anything about gas prices, I have ocean front property in Death Valley to sell. Report It



What do you think about a federal gasoline tax credit ?

It sounds great, but where do you propose that the government find the money to do this?



What do you think about a federal gasoline tax credit ?

At less than 20 cents per gallon, it will be less money than you think. If you used 500 gallons of gas (not unusual) you%26#039;d get less than $100 back.



However, as gas taxes are used for federal highway funding, how do you propose making up for the lost revenue for highway construction and maintenance?? We could jack up income taxes about $100, that would cover it. But you%26#039;d have $0 in savings.



I agree that the oil companies are taking us to the cleaners -- the wholesale price of crude today is less than it was a year ago when prices were 60 cents a gallon less than they are right now. Guess who has the $$$? Big Oil, of course! If we gang up on our elected representatives to fix that, we might see some relief. But refunding the gas tax won%26#039;t fix anything and will cause more problems to boot.

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