SuperDS77
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(To the mods, I could not fit the entire title of the article on the thread title as it was quite long...)
More economic ignorance coming from the democrat party. This will only exacerbate the problem.
If such a ridiculous idea actually becomes law, the demand for fuel will inevitably INCREASE, therefore driving the price up even further.
Temporary repeal of onerous state and federal excise taxes, seems a much more practical and targeted action that would give some help to drivers. In Michigan, for example, our Governor and other democrat leaders have sent a letter to the federal government asking for a repeal of the federal excise tax on gasoline. Despite that request, our governor appears poised to veto legislation passed by the Michigan House and Senate to repeal the state excise tax on gasoline.
www.dailymail.co.uk
By Rob Crilly, Senior U.S. Political Reporter and Keith Griffith For Dailymail.com
Published: 18:01 EDT, 23 March 2022 | Updated: 23:48 EDT, 23 March 2022
"With the price of gas rising across the U.S., lawmakers are developing a string of proposals to help motorists - from $400 rebates for all taxpayers in California to imposing windfall taxes on oil companies or a sliding scale of payments that could net families as much as $300 every month."
"
And lawmakers across the country are pushing legislation to bring down prices at the pumps.
A new bill proposed by three Democrats - Reps. Mike Thompson of California, John Larson of Connecticut and Lauren Underwood of Illinois - could be worth $300 each month to some families if the price of a gallon stays above $4.
'Americans are feeling the impact at the pump of Vladimir Putin's illegal invasion of Ukraine, and right now we must work together on commonsense policy solutions to ease the financial burden that my constituents are feeling,' Thompson said in a news release.
'The Putin Price Hike is putting strain on our economy, and I am proud to be working with Reps. Larson and Underwood to introduce this legislation to provide middle-class Americans with monthly payments to ease the financial burden of this global crises.'
Their plan follows the model of COVID economic impact payments - offering $100 for single filers earning less than $75,000, plus $100 for each dependent.
It is just one of a series of proposals unveiled recently.
In California, Democratic lawmakers want a $400 rebate for taxpayers - costing about $9 billion drawn from the state's budget surplus and equivalent to the average gas tax paid by residents over a year.
"
More economic ignorance coming from the democrat party. This will only exacerbate the problem.
If such a ridiculous idea actually becomes law, the demand for fuel will inevitably INCREASE, therefore driving the price up even further.
Temporary repeal of onerous state and federal excise taxes, seems a much more practical and targeted action that would give some help to drivers. In Michigan, for example, our Governor and other democrat leaders have sent a letter to the federal government asking for a repeal of the federal excise tax on gasoline. Despite that request, our governor appears poised to veto legislation passed by the Michigan House and Senate to repeal the state excise tax on gasoline.
Democrats push for $300 a month checks to help Americans pay for gas
Democrats are developing a string of proposals to help motorists - from $400 rebates for all taxpayers in California to imposing windfall taxes on oil companies.
By Rob Crilly, Senior U.S. Political Reporter and Keith Griffith For Dailymail.com
Published: 18:01 EDT, 23 March 2022 | Updated: 23:48 EDT, 23 March 2022
"With the price of gas rising across the U.S., lawmakers are developing a string of proposals to help motorists - from $400 rebates for all taxpayers in California to imposing windfall taxes on oil companies or a sliding scale of payments that could net families as much as $300 every month."
"
And lawmakers across the country are pushing legislation to bring down prices at the pumps.
A new bill proposed by three Democrats - Reps. Mike Thompson of California, John Larson of Connecticut and Lauren Underwood of Illinois - could be worth $300 each month to some families if the price of a gallon stays above $4.
'Americans are feeling the impact at the pump of Vladimir Putin's illegal invasion of Ukraine, and right now we must work together on commonsense policy solutions to ease the financial burden that my constituents are feeling,' Thompson said in a news release.
'The Putin Price Hike is putting strain on our economy, and I am proud to be working with Reps. Larson and Underwood to introduce this legislation to provide middle-class Americans with monthly payments to ease the financial burden of this global crises.'
Their plan follows the model of COVID economic impact payments - offering $100 for single filers earning less than $75,000, plus $100 for each dependent.
It is just one of a series of proposals unveiled recently.
In California, Democratic lawmakers want a $400 rebate for taxpayers - costing about $9 billion drawn from the state's budget surplus and equivalent to the average gas tax paid by residents over a year.
"
