- Joined
- Jan 8, 2010
- Messages
- 71,961
- Reaction score
- 58,542
- Location
- NE Ohio
- Gender
- Male
- Political Leaning
- Liberal
Should congress pass a law subsidizing gas prices until the Ukraine issue calms down?
No.Should congress pass a law subsidizing gas prices until the Ukraine issue calms down?
No, but Congress should pass a subsidy for low income people to be able to drive where they need to go. Something to help them pay for the gas they need. All others (everyone) should adjust their driving habits and conserve to reduce energy usage.Should congress pass a law subsidizing gas prices until the Ukraine issue calms down?
Bad idea. That will only encourage increased energy usage. We need to reduce energy consumption. Save the planet for the grandchildren, and theirs too. We have no right to use up the whole planet in our time.More effective would be the government dialing back on some of the gas taxes.
Federal tax is $.18/gallon and the state average is $.31/gallon.
Yeah, who cares if people are choosing between groceries and gas to drive to and from work. Suck it up for the grandkids.Bad idea. That will only encourage increased energy usage. We need to reduce energy consumption. Save the planet for the grandchildren, and theirs too. We have no right to use up the whole planet in our time.
we impeached the ex-president and then voted his crooked and juvenile ass out in huge numbers.No.
Congress should impeach Slo-Joe...and his entire gaggle of pukes.
Yeah, who cares if people are choosing between groceries and gas to drive to and from work. Suck it up for the grandkids.
No, but Congress should pass a subsidy for low income people to be able to drive where they need to go. Something to help them pay for the gas they need. All others (everyone) should adjust their driving habits and conserve to reduce energy usage.
Every type of energy saved is a Ukrainian life saved. Reducing demand reduces the price of energy. That helps Ukraine and Europe.
And it also helps Americans spend less on energy.
So, it's good all around.
It is unpatriotic and anti-social to waste energy.
It is equal to about 1% of revenue in states...probably less than that in the federal government.(Less than 40B total)Hmm… who do you suppose will enjoy the resulting increase in the national debt and decrease in roadway maintenance from cutting (or eliminating) the motor fuel taxes?
I voted NO.Should congress pass a law subsidizing gas prices until the Ukraine issue calms down?
Don't we already do enough to subsidize the lifestyles of those who choose to live way out in the boonies and drive gas guzzlers?Should congress pass a law subsidizing gas prices until the Ukraine issue calms down?
It is equal to about 1% of revenue in states...probably less than that in the federal government.(Less than 40B total)
The governments can't find pet projects to cut to give citizens relief? 1%.
Bullshit.
Texas is a big state, and getting around it burns a lot of fuel. Texans use about 13 billion gallons of gasoline and 4.5 billion gallons of diesel fuel each year, as well as much smaller amounts of various alternative fuels such as compressed and liquefied natural gas. According to federal statistics, only eight nations used more gasoline and diesel than Texas in 2012.
That adds up to significant revenue for the state. Texas motor fuels taxes generated more than $3.4 billion in fiscal 2015, making them the fourth-largest source of state tax revenue.
Nearly all states, including Texas, use the bulk of this revenue for transportation projects. Under the Texas Constitution, after refunds and collection costs are subtracted, three-quarters of the state’s motor fuels tax revenue is used to build and maintain public roadways. The remainder goes to the state’s Available School Fund, which supports public education.
In his latest biennial revenue estimate, the state comptroller said 54.5% of the state’s general revenue during the current two-year period would come from sales taxes.
That’s the biggest source, but taxes on oil and gas make up a significant part of the state’s general revenue. Oil production taxes would account for 6.1%, and natural gas production taxes would bring in another 2.7%. Those severance taxes were expected to bring $2.86 billion this year and next into each of two big accounts, the State Highway Fund and the Economic Stabilization Fund (which is also known as the rainy day fund).
Taxes on motor fuel make up 1.7% of the state’s general revenue, but more of the money — more than $5 billion — is dedicated to transportation and public education. Those motor fuel taxes are based on volume and not price; for gasoline, for instance, it’s 20 cents per gallon, no matter what you’re paying for a gallon of gas.
Different gas taxes.That, of course, ignores any other tax revenue generated by state oil/gas production. In Texas, oil and gas direct taxes account for over 10% of total state tax revenue - and that is not counting the oil and gas industry employees contribution to state and local sales and property taxes.
Texas' Motor Fuels Taxes
Fiscal Notes, Feburary 2016: Unless you're filling up, you probably don't give much thought to motor fuels — and even less to the taxes assessed on them. Yet these indispensable products are an important source of revenue for the federal and state governments.comptroller.texas.gov
Analysis: Energy isn’t the whole Texas economy, but it’s a critical piece
This week's drop in crude oil prices signals trouble for state and local government budgets. Energy isn't the biggest source of tax money in Texas, but the big one — the sales tax — is already falling.www.texastribune.org
Different gas taxes.
I'm talking about the tax per gallon paid by the consumer at the pump.
Well here in my state there is a whopping surplus of cash so they could probably do that or at least cut the $0.33 per gallon State Sales Tax by some amount!OK, that alone was 1.7% of tax revenue in Texas. It would also require each state’s legislature to act. Unlike the federal government, state governments can’t just print the funds to offset tax cuts.
They can slash projects, etc. I'm sure that states can find ways to cut 1% of their budgets if they looked hard enough.OK, that alone was 1.7% of tax revenue in Texas. It would also require each state’s legislature to act. Unlike the federal government, state governments can’t just print the funds to offset tax cuts.
No. If we want to give people money, just give people money. Don't subsidize behaviors we want people to do less of.
Well here in my state there is a whopping surplus of cash so they could probably do that or at least cut the $0.33 per gallon State Sales Tax by some amount!
Our Governor in his January 10th State of the State address bragged about the State having $1.9 Billion in surplus cash.
With my last fill up a couple days ago I paid $68.56 with a State and Federal gas tax combined of $7.71 on that 14.907 gallons of gas.
Thank goodness for me I only have to fill up every 2 to 3 months.
I only drove 29 miles in February.
But for folks doing the daily commutes and all other necessary daily driving I truly feel for them!
They can slash projects, etc. I'm sure that states can find ways to cut 1% of their budgets if they looked hard enough.
Between the state and federal taxes, you're talking $.40+ per gallon for most consumers. That would be a huge help for people that are being impacted by these absurd increases. Even if only for 6 months or a year...it would help alleviate some of the pressure on kitchen table budgets.
If it's means-tested (i.e. their payment is connected to keeping their income low), then yes, I think it would. If it's just a more-or-less universal payment, I don't think so.Hmm… wouldn’t simply giving people money discourage them from working (aka producing) to get (more of) it?
If we had ongoing universal payments for everyone like SS retirement (e.g. a UBI) I think you are right that the long-term effect would be for people to work fewer hours.I definitely elected to work less after I started getting Social Security retirement benefits.