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1966Gal
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OT - Interesting move - Politics of Oil
      #415831 - 06/19/08 11:49 AM

China just made an interesting move. They are RAISING the price of oil in their country themselves. What will that do? Economics 101 - it will decrease demand/use. As demand falls so does prices.

Interesting move, I think. We could RAISE oil prices via a gas tax so that very few people will use gas. Yeah, it would temporarily impede our lifestyle, but it would force the oil companies to lower their prices.

Good points about rising gas prices:

We'll use less gas - better for the environment.

We'll have fewer cars on the road - better for traffic...I've already noticed that on my way to work each day.

The cost of shipping goods from overseas will increase the price of many goods, meaning it could become cheaper to make the goods here and in Mexico...bringing jobs back to North America.

And, with less demand, the oil producing nations will be making much less money and will have to lower their prices to get us buy more.

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The Gov cannot give anything to anyone - that they have not first taken away from someone else.


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Miranda
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Re: OT - Interesting move - Politics of Oil [Re: 1966Gal]
      #415835 - 06/19/08 11:53 AM

Brazil started to liberate themselves from oil in the 70's. There are now an oil independent nation. We need to do the same. It took a basically third world nation 30 years to come up with something, it should take us less.

We should cut off OPEC. Drill in the US and become independent in 20 years. Tell OPEC to kiss our ass.

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13.1...because I am only half crazy!

Edited by Miranda (06/19/08 12:00 PM)


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LeAnne
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Re: OT - Interesting move - Politics of Oil [Re: 1966Gal]
      #415850 - 06/19/08 12:02 PM

So when are YOU pulling the bike out of the shed?

Maybe you need to quit taking vacations?

Maybe your kids should not go to Europe, do you know how much fuel, it's going to cost to fly their butts over there?

Just what we need more taxes!!!!!

I think you need to look at people that live week to week. The ones who only drive to work and to the store.

If gas goes much higher, these people will be at the foodstamp line, because they can't afford gas and food.

Then you will be complaining you have to pay more taxes to support them.

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Empty Nesting


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1966Gal
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Re: OT - Interesting move - Politics of Oil [Re: LeAnne]
      #415855 - 06/19/08 12:04 PM

No, because the gas tax will be paying for all of that.

Personally, I think we need to eliminate income tax and go for ONLY gas tax. We pay $15 gal and that's all. That way, the wealthy, who can afford to drive big vehicles and travel will be paying higher taxes. The poor and middle-class can regulate how much they spend. Ross Perot summed it pretty good a few years ago and it made total sense to me!

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The Gov cannot give anything to anyone - that they have not first taken away from someone else.


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Redlegg
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Re: OT - Interesting move - Politics of Oil [Re: 1966Gal]
      #415859 - 06/19/08 12:08 PM

And if the rich and famous go green like they can afford to, what then? its like NY and the new cigarrette tax, they wanted the tax to increase revenue, now they are saying it will encourage people to quit, well what happens when they lose all that revenue from the former smokers, hmmmmm maybe they can just convince people to do more with less.

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LeAnne
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Re: OT - Interesting move - Politics of Oil [Re: 1966Gal]
      #415864 - 06/19/08 12:12 PM

And how do poor people, regulate their gas?

Ok I have money to get to work 3 days a week, I'll just stay home the rest?

Maybe they should start heavily taxing vacation homes, timeshares, air travel, and boats, because if you can afford those things, you have way to much money.

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Empty Nesting


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1966Gal
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Re: OT - Interesting move - Politics of Oil [Re: Redlegg]
      #415865 - 06/19/08 12:13 PM

And if the rich and famous go green like they can afford to, what then? its like NY and the new cigarrette tax, they wanted the tax to increase revenue, now they are saying it will encourage people to quit, well what happens when they lose all that revenue from the former smokers, hmmmmm maybe they can just convince people to do more with less.

+++++++++

I actually LIKE that idea. What happens to the revenue as people quit? You keep raising the tax until EVERYONE quits. Then you go back to drawing board as to how to replace the cigarette tax revenue.

Personally, I like the idea of a flat tax for EVERYBODY...15% with NO DEDUCTIONS, and then luxury (2% - 3%) taxes on luxury items...cars over $50k. Boats, campers, RV's, electronics over a certain dollar amount, houses over a certain square footage, plane tickets over a certain amount, etc...

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The Gov cannot give anything to anyone - that they have not first taken away from someone else.


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1966Gal
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Re: OT - Interesting move - Politics of Oil [Re: 1966Gal]
      #415866 - 06/19/08 12:14 PM

LOL Leanne, we wrote that at the same time. I agree with you on taxing luxury items.

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The Gov cannot give anything to anyone - that they have not first taken away from someone else.


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LeAnne
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Re: OT - Interesting move - Politics of Oil [Re: 1966Gal]
      #415871 - 06/19/08 12:20 PM

Eliminate all taxes? Just spit diet dew on the screen.

So you think that gas at 4.00 added with 11.00 worth of taxes should cover it all? Like SS, Medicare, military pay, welfare, the whole caboose? I really think you need a better understanding of what kind of money it takes to keep this country afloat?

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Empty Nesting


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1966Gal
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Re: OT - Interesting move - Politics of Oil [Re: LeAnne]
      #415872 - 06/19/08 12:21 PM

We use BILLIONS of gallons of gas a year. That would billions and billions of dollars a year...equal to, if not more, than income tax is currently providing.

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The Gov cannot give anything to anyone - that they have not first taken away from someone else.


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