06 December 2009

One Dollar Gasoline Tax

Thomas Friedman today on Meet the Press when asked by David Gregory how the United States should pay for the war. Friedman responded by saying that there should be a one dollar gasoline tax. We at the Common Civic Good support this idea. We as Americans consume 378 million gallons of gas in a day in 2008 according to the Energy Information Administration. The average price was of gasoline during 2008 was $3.27. Compared to all other industrialized countries adding the dollar tax only Canada had cheaper gas. If the number held true, at 378 million gallons of gasoline in one year $137,970,000,000.00 dollars in  created revune. With this tax alone in 10 years it would create over 1.3 Trillion dollars, if nothing else would happen. Therefore we strongly support Thomas Friedman's comment on  Meet the Press. As always the links are on the bottom.

http://tonto.eia.doe.gov/energyexplained/index.cfm?page=oil_home#tab2

No comments:

Post a Comment