Nancy Pelosi Pours Cold Water On Gas Tax Holiday, Calls It A “Con”

[Weatherman2020]

Nancy agrees Brandon is a liar and a con man. So Pelosi has discovered fiscal prudence and is now worried about paying for a gov't benefit? Thanks, Nancy... I always enjoy a good laugh.

 

[Weatherman2020]

Related: CNN says it’s worthless and Obummer once called it a gimmick.

 

[Harpy Eagle]

For maybe the first time Pelosi, Obama and CNN are all correct.

 

[Stormy Daniels]

So, you are opposed to cutting taxes?

 

[White 6]

Related: CNN says it’s worthless and Obummer once called it a gimmick.

The only reason in the world Obama called is a gimmick is because it is a gimmick for PR value, directed at the unthinking public.

 

[Mr Natural]

It’s a lousy 18 cents a gallon.

 

[1srelluc]

For maybe the first time Pelosi, Obama and CNN are all correct.

What's next?

 

[jbrownson0831]

So, you are opposed to cutting taxes?

Paying money back to the Highway Trust Fund is not cutting taxes, its increasing them.

 

[Polishprince]

It’s a lousy 18 cents a gallon.

Its 18 cents a gallon that will go to the oil companies, not the consumer. The current supply and demand for gasoline has determined the price and reducing the gas tax won't change either of those numbers. And considering how many millions of gallons they sell, it is by no means "lousy".

 

[jbrownson0831]

It’s a lousy 18 cents a gallon.

For those of us with jobs to drive to that is significant. But not via this scam.

 

[Stormy Daniels]

Funny how the OP was for gas tax holidays before he was against them.

Virginia Dems Block Youngkin’s Gas Tax Holiday

 

[White 6]

Funny how the OP was for gas tax holidays before he was against them.

Virginia Dems Block Youngkin’s Gas Tax Holiday

Quick look-up. Nice work, Stormy.

 

[Winston]

It’s a lousy 18 cents a gallon.

Both Pelosi and the commentator are right, there is no guarantee that the oil companies will pass the savings to consumers. But the commentator was wrong, and made a glaring error. He said demand was not keeping up with supply, he meant to say that supply is not keeping up with demand. But if the oil companies kept all, or part of the savings, and that improved their profits, would that not incentivize them to drill baby drill? I mean it is basic supply and demand, profits increase, supply increases, prices eventually decline, and then we can return the gas tax.

I do like how now we have an open admission from Republicans, that tax savings are not automatically passed to consumers. To bad they didn't admit that prior to the Trump corporate tax cut. It is that talking out of both sides of their mouths thing again.

 

[jbrownson0831]

Funny how the OP was for gas tax holidays before he was against them.

Virginia Dems Block Youngkin’s Gas Tax Holiday

Yes Stormy way to support Poopeypants in his destruction of the country, nice job!

 

[Winston]

Its 18 cents a gallon that will go to the oil companies, not the consumer. The current supply and demand for gasoline has determined the price and reducing the gas tax won't change either of those numbers. And considering how many millions of gallons they sell, it is by no means "lousy".

Wait, you mean when corporations get a tax cut they don't automatically pass that savings on to consumers? I mean do tell. You reckon that also means that if a corporation gets a tax hike they don't automatically pass that on to consumers? I mean I believe I am hearing that prices are determined, not by taxes or the lack thereof, not by cost, but by supply and demand. Is that really what I am hearing?

 

[1srelluc]

Funny how the OP was for gas tax holidays before he was against them.

Virginia Dems Block Youngkin’s Gas Tax Holiday

Virginia has a surplus and could easily afford it....The feds can't pay for it but by borrowing more and printing money thus increasing inflationary pressure and devaluing the dollar.

Nice try Skippy, care to play again?

BTW.....We still got us a $4 billion tax break signed into law yesterday.

 

[petro]

Wouldn't even help at this point. I would only erase two days of price hikes.

 

[okfine]

It’s a lousy 18 cents a gallon.

Which will end up in Big Oils pocket.

 

[task0778]

Nancy agrees Brandon is a liar and a con man. So Pelosi has discovered fiscal prudence and is now worried about paying for a gov't benefit? Thanks, Nancy... I always enjoy a good laugh.

I think Nancy knows she is about to lose her speakership come November when the democrats lose the House majority, and Biden is not helping. Interested to see if she serves out her last 2 years or resigns.

 

[Votto]

For maybe the first time Pelosi, Obama and CNN are all correct.

Um............no

That is actually in impossibility.

There must be another explanation.

Try again.

I say aliens had something to do with it.