- Nov 3, 2012
- 37,635
- 4,526
- 1,170
Did anyone else hear about this? Obama signed a three dollar gas tax on gasoline that will raise our gasoline cost at the pump to over $6.00 per gallon. In this news report they say this was quietly done in order to make America more in line with the global price of gasoline. What do you think about this? If trucks have to pay over twice the cost for gasoline wouldn't that double the cost of the products they deliver? That would mean the price of food, clothing, everything would go up on Jan. 1st, 2015 to compensate for such a dramatic increase. Right?
Additional Three Dollar Gas Tax To Take Effect Jan 1st 2015 National Report
An environmental bill long championed by the Obama administration and environmental groups was quietly signed into law this week. The bill, initially expected to fail, was bolstered by last-minute support from a group of moderate Republicans seeking reelection in predominantly Democratic leaning states. The bill strengthens environmental pollution penalties, emission standards and creates a surprising new three dollar a gallon tax increase on gasoline. Many House members who voted for the bill say they are shocked by the significant tax increase on gasoline included in it, and claim that they were unaware of its inclusion. At over one thousand pages long many of the subsections of the bill likely remained unread by congressional appointees or their aides. The tax authorization was buried in a supplemental section dealing with otherwise minor changes to infrastructure standards. The three dollar tax appears to be earmarked to a newly created environmental fund that will be used to modernize transportation infrastructure, making it more energy-efficient and environmentally friendly.
Additional Three Dollar Gas Tax To Take Effect Jan 1st 2015 National Report
An environmental bill long championed by the Obama administration and environmental groups was quietly signed into law this week. The bill, initially expected to fail, was bolstered by last-minute support from a group of moderate Republicans seeking reelection in predominantly Democratic leaning states. The bill strengthens environmental pollution penalties, emission standards and creates a surprising new three dollar a gallon tax increase on gasoline. Many House members who voted for the bill say they are shocked by the significant tax increase on gasoline included in it, and claim that they were unaware of its inclusion. At over one thousand pages long many of the subsections of the bill likely remained unread by congressional appointees or their aides. The tax authorization was buried in a supplemental section dealing with otherwise minor changes to infrastructure standards. The three dollar tax appears to be earmarked to a newly created environmental fund that will be used to modernize transportation infrastructure, making it more energy-efficient and environmentally friendly.
