Senators call for 12-cent gas-tax increase to replenish highway fund

[BlindBoo]

And yet, not a spending cut in sight.

The Congressional Budget Office projected today that the 2014 deficit will be the lowest in six years and down more than 60 percent from the record $1.4 trillion in 2009.

Obama?s Shrinking Budget Deficits Silence Foreign Critics - Bloomberg

Still it's not enough.

Wow.....

Now what is our National Debt ?

Oh Yeah.

Thanks.

Debt is not deficit. You're welcome.

Support a balanced budget amendment with a 20 year plan to pay off the debt.

I have no problem paying a little more for better roads but I don't have confidence in either party to get that done. I don't support using the gasoline tax for funding mass transit.

 

[Listening]

The Congressional Budget Office projected today that the 2014 deficit will be the lowest in six years and down more than 60 percent from the record $1.4 trillion in 2009.

Obama?s Shrinking Budget Deficits Silence Foreign Critics - Bloomberg

Still it's not enough.

Wow.....

Now what is our National Debt ?

Oh Yeah.

Thanks.

Debt is not deficit. You're welcome.

Support a balanced budget amendment with a 20 year plan to pay off the debt.

I have no problem paying a little more for better roads but I don't have confidence in either party to get that done. I don't support using the gasoline tax for funding mass transit.

No it isn't.

But they are related and the debt under Obama has soared.

You write as if he is actually doing something wonderful. He isn't. He isn't even close.

 

[KissMy]

Taxpayers were forced to cover the $41 billion gas tax shortfall to subsidize oil companies. The shortfall is due to fewer miles traveled, better mileage, alternative transport & people moving closer to work. Now those who moved close to work to get rid of the car, are still forced to pay Big Oil. Big Oil owns lawmakers therefore government spends tax payer funds to Big Oil as their biggest customer. They buy the most fuel & asphalt from oil companies to build roads for Big Oil customers. Not to mention the $1 per gallon tax payers must spend (much of it to oil companies) just to secure the straight of Hormuz for Big Oil.

How dare anyone get out of subsidizing oil companies by refusing to use it. How dare oil companies be asked to pay their own bills & lose their huge subsidy over alternative transportation. And how dare we equally subsidize alternatives to put them on an even playing field.

Missouri just passed the largest sales tax increase in history to cover the gas tax highway funding shortfall. It makes you long for Chicago sales tax rates.

 

[ScreamingEagle]

What's Obama got to do with this? I never mentioned him. I give credit where its due and criticize when its due. Obama can do more for the poor and he should.

oh yeah he's doing a great job helping them....higher gas taxes, more interstate tolls, etc...

the higher transportation costs are....the higher everything else will be....

yeah a great job....

 

[BlindBoo]

Wow.....

Now what is our National Debt ?

Oh Yeah.

Thanks.

Debt is not deficit. You're welcome.

Support a balanced budget amendment with a 20 year plan to pay off the debt.

I have no problem paying a little more for better roads but I don't have confidence in either party to get that done. I don't support using the gasoline tax for funding mass transit.

No it isn't.

But they are related and the debt under Obama has soared.

You write as if he is actually doing something wonderful. He isn't. He isn't even close.

They are related and the 1.4 trillion deficit he was handed in 2009 added significantly to the debt.

The Democrat and Republican parties do not support a balance budget Amendment. Too many fingers and not enough pie.

 

[bendog]

Why is that?

Indeed. And why do Red States have much better economies than Blue ones?

They don't.

And Red States also have the higher levels of obesity and poverty. And heart disease. And Diabetes. And porn subscriptions.

Yes, well, he did walk into that one didn't he. But he unintentionally answered his own question. We depend on the interstate system to ship goods across the country, both imports to stores, and exports to harbors. Having interstates "end" in places like Mississippi or Arizona would be sort of counterproductive.

Now if you want to build a ring road around a city, or a toll road for commuter traffic, states are pretty good at doing that. But libertarians tend to be economic numbskulls.

 

[whitehall]

"Senators"? So far two senators sponsored the bill and it hasn't even come up on the agenda/

 

[bendog]

"Senators"? So far two senators sponsored the bill and it hasn't even come up on the agenda/

Well, to be fair, the OP brought it up as a bad idea, and then went on to suggest we just do away with federal interstates all together.

 

[daveman]

Senators call for 12-cent gas-tax increase to replenish highway fund


Taxes used to cover this. Now Rightwingers have slashed taxes on multimillionaires yet bitch about having to make it up through fees and rising costs.

There it is, folks, the mating call of the Progressive Dumbass: "TAX THE RICH!!"

 

[daveman]

Senators call for 12-cent gas-tax increase to replenish highway fund


Taxes used to cover this. Now Rightwingers have slashed taxes on multimillionaires yet bitch about having to make it up through fees and rising costs.

Oh, and one more thing: You could confiscate every penny of wealth from rich people and corporations, and it would be just a drop in the bucket.

Eat the Rich - Walter E. Williams - Page full

This year, Congress will spend $3.7 trillion dollars. That turns out to be about $10 billion per day. Can we prey upon the rich to cough up the money? According to IRS statistics, roughly 2 percent of U.S. households have an income of $250,000 and above. By the way, $250,000 per year hardly qualifies one as being rich. It's not even yacht and Learjet money. All told, households earning $250,000 and above account for 25 percent, or $1.97 trillion, of the nearly $8 trillion of total household income. If Congress imposed a 100 percent tax, taking all earnings above $250,000 per year, it would yield the princely sum of $1.4 trillion. That would keep the government running for 141 days, but there's a problem because there are 224 more days left in the year.

How about corporate profits to fill the gap? Fortune 500 companies earn nearly $400 billion in profits. Since leftists think profits are little less than theft and greed, Congress might confiscate these ill-gotten gains so that they can be returned to their rightful owners. Taking corporate profits would keep the government running for another 40 days, but that along with confiscating all income above $250,000 would only get us to the end of June. Congress must search elsewhere.

According to Forbes 400, America has 400 billionaires with a combined net worth of $1.3 trillion. Congress could confiscate their stocks and bonds, and force them to sell their businesses, yachts, airplanes, mansions and jewelry. The problem is that after fleecing the rich of their income and net worth, and the Fortune 500 corporations of their profits, it would only get us to mid-August. The fact of the matter is there are not enough rich people to come anywhere close to satisfying Congress' voracious spending appetite. They're going to have to go after the non-rich.​

You can't steal enough money to fund the government you want. Your mindless bumper-sticker mentality and childish screeching about "fairness" does not alter reality one tiny bit.

Dumbass.

 

[daveman]

Shut down the coal industry...
Throw in a little cap and tax...utility rates go up.
Add a little increase to minimum wage...prices go up...
Bump up the price of gas at the pump...

And why not Democrats are looking out for us.

Yup Democrats gotta love em...
They know what's best for America.

Tax the rich at the rate it was during Nixon and we wouldn't have to pull so much of the load, via higher fees and prices.

John Stossel: Tax The Rich? The Rich Don't Have Enough. Really. - Forbes

Progressives claim an increase in tax rates won’t stop producers from producing. But they presumably understand that people don’t work for free. When the top marginal rate was 90 percent, actor Ronald Reagan worked just half the year. As soon as he made enough money such that every additional dollar was taxed at 90 percent, he stopped working and went off to ride horses. Reagan later said that woke him up to the damage that high taxes impose.

Maryland created a special “tax on the rich” that legislators said would bring in $106 million. Instead, the state lost $257 million. Some of Maryland’s rich just left the state. When New York state hiked its income tax on millionaires, billionaire Tom Golisano moved to Florida, which has no personal income tax. “[M]y personal income tax last year would’ve been $13,800 a day,” he told us. “Would you like to write a check for $13,800 a day to a state government, as opposed to moving to another state?”

Even Donald Trump, who gets so much wrong, gets this one right. He says of rich people, “They’re international people. Whether they live here or live in a place like Switzerland doesn’t really matter to them.”

We see the folly of trying to raise revenue with high taxes by looking at tax receipts over time. Before 1963, when Reagan rode his horse, every single dollar after $400,000 (in today’s dollars) was taxed at more than 90 percent. And government revenues equaled about 18 percent of gross domestic product. Then the top rate was lowered to 70 percent, then to 50 percent, and then to as low as 30 percent, before it was raised back to 40 percent in the 1990s. Despite those sharp changes, the chart below shows that tax revenue seldom exceeded 20 percent or fell below 17 percent of GDP.

Dumbass.

 

[Dont Taz Me Bro]

Buffett says he's still paying lower tax rate than his secretary - Mar. 4, 2013

And where does it say he's paying less money?

 

[Dont Taz Me Bro]

Why is that?

Indeed. And why do Red States have much better economies than Blue ones?

They don't.

Then why is everyone moving there?

 

[Dont Taz Me Bro]

Yes, well, he did walk into that one didn't he. But he unintentionally answered his own question. We depend on the interstate system to ship goods across the country, both imports to stores, and exports to harbors. Having interstates "end" in places like Mississippi or Arizona would be sort of counterproductive.

Why on earth would they end there?

Now if you want to build a ring road around a city, or a toll road for commuter traffic, states are pretty good at doing that. But libertarians tend to be economic numbskulls.

I'm still waiting for you to explain why ending federal funding of highways wouldn't work.

 

[HelenaHandbag]

Taxpayers were forced to cover the $41 billion gas tax shortfall to subsidize oil companies.

Care to specifically name these subsidies?

You know, with links and stuff?

 

[KissMy]

Taxpayers were forced to cover the $41 billion gas tax shortfall to subsidize oil companies.

Care to specifically name these subsidies?

You know, with links and stuff?

States raise sales, income & property taxes to repair roads. Federal payroll & income tax now pays over 25% of the federal highway maintenance as the US highway system has fallen from #1 in the world to below #18. Non oil or highway users are forced to pay Big-Time for asphalt & fuel from OIL companies to build & maintain roads for OIL customers to drive on.

CNN: - "Lawmakers' have simply chosen to add to what the gas tax brings in with additional money from general federal revenue -- an estimated $55 billion since the end of 2008.

General revenue now accounts for more than 25% of spending on federal surface transportation programs, according to transportation expert Emil Frankel, a senior adviser at the Bipartisan Policy Center, who just published a new paper on the issue."

Since the 1973 Arab oil embargo, successive US administrations have equated national security with access to, and control of, oil – particularly in the Persian Gulf, which holds two-thirds of global oil reserves. In other words, as long as we need oil, we need the Persian Gulf.

Faced with this unpleasant fact, every President since Carter has chosen to defend US “access” to the Persian Gulf costing even non-oil using tax payers well over $1.04 a gallon.

A peer reviewed study from Roger Stern, an economic geographer at Princeton, pegs the cost to defend US “access” to the Persian Gulf at $7.3 trillion over 30 years. Stern looked at the cost of patrolling the Persian Gulf with aircraft carriers from 1976 to 2007. The carriers are only in the Gulf to secure oil supplies, so he views this as a great way to begin to measure military subsidies to oil.

Missouri House passes Largest Sales Tax Increase In History to repair & build Roads by buying asphalt & fuel from Oil companies to maintain roads used by Oil customers.

 

[Freewill]

Facts are facts republican party reject. Rich DO NOT pay their fair share.

Define fair share.

Is it right that anyone, anyone, does not pay at all and some who don't get money back?

 

[HelenaHandbag]

Taxpayers were forced to cover the $41 billion gas tax shortfall to subsidize oil companies.

Care to specifically name these subsidies?

You know, with links and stuff?

States raise sales, income & property taxes to repair roads. Federal payroll & income tax now pays over 25% of the federal highway maintenance as the US highway system has fallen from #1 in the world to below #18. Non oil or highway users are forced to pay Big-Time for asphalt & fuel from OIL companies to build & maintain roads for OIL customers to drive on.

CNN: - "Lawmakers' have simply chosen to add to what the gas tax brings in with additional money from general federal revenue -- an estimated $55 billion since the end of 2008.

General revenue now accounts for more than 25% of spending on federal surface transportation programs, according to transportation expert Emil Frankel, a senior adviser at the Bipartisan Policy Center, who just published a new paper on the issue."

Since the 1973 Arab oil embargo, successive US administrations have equated national security with access to, and control of, oil – particularly in the Persian Gulf, which holds two-thirds of global oil reserves. In other words, as long as we need oil, we need the Persian Gulf.

Faced with this unpleasant fact, every President since Carter has chosen to defend US “access” to the Persian Gulf costing even non-oil using tax payers well over $1.04 a gallon.

A peer reviewed study from Roger Stern, an economic geographer at Princeton, pegs the cost to defend US “access” to the Persian Gulf at $7.3 trillion over 30 years. Stern looked at the cost of patrolling the Persian Gulf with aircraft carriers from 1976 to 2007. The carriers are only in the Gulf to secure oil supplies, so he views this as a great way to begin to measure military subsidies to oil.

Missouri House passes Largest Sales Tax Increase In History to repair & build Roads by buying asphalt & fuel from Oil companies to maintain roads used by Oil customers.

None of that shows any direct in-kind cash payment to oil companies, a.k.a. subsidies.

Where are the subsidies?

 

[RoadVirus]

Here's a thought, scrap the federal gas tax altogether and the let the states fund their own damn roads. Why does D.C. need to do it?

Senators call for 12-cent gas-tax increase to replenish highway fund*-*Los Angeles Times

Calling for a tax increase during an election year? That takes some serious balls.

 

[Rozman]

Here's a thought, scrap the federal gas tax altogether and the let the states fund their own damn roads. Why does D.C. need to do it?

Senators call for 12-cent gas-tax increase to replenish highway fund*-*Los Angeles Times

Calling for a tax increase during an election year? That takes some serious balls.

Democrats feel there is never a bad time to stick it to the American people.