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United States News
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Title: Sen. Rand Paul proposes eliminating gasoline tax to ease burden on Americans at the pumps
Source: AP
URL Source: http://www.greenfieldreporter.com/v ... b4c13cf7c330/KY--Paul-Gas-Tax/
Published: May 18, 2011
Author: unattributed
Post Date: 2011-05-18 08:06:14 by A K A Stone
Keywords: None
Views: 4938
Comments: 23

FRANKFORT, Ky. — U.S. Sen. Rand Paul is proposing elimination of the gasoline tax to ease the financial burden on Americans.

Paul said he intends to make the proposal an amendment to any energy bill that comes before the Senate. He proposes offsetting the lost revenue with a corresponding reduction in foreign aid and corporate welfare.

Such a proposal is a huge longshot because of concerns about losing federal money that goes to maintain and expand the nation's highways.

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Begin Trace Mode for Comment # 3.

#2. To: A K A Stone, badeye (#0)

with a corresponding reduction in foreign aid and corporate welfare.

the devil is in the details. First off, many states are under pressure to raise gas taxes to fund road maintenance. Costs continue to climb thanks to all the road building that has gone on over these last 20 years or so. (See: http://www.governing.com/blogs/politics/The-Stubborn-Gasoline-Tax-Its-Hard- to-Increase-Hard-to-Reduce.html)

Then there's basic math - the federal gas tax of 18.4 cents per gallon brings in about $30 billion a year in revenue, more than the $25 billion U.S. spends on foreign aid in year. But that aid budget includes about $6 billion a year in aid to Israel, which Republicans aren't going to cut.

So even if you get rid of the remaining $19 billion, you then have to make up $11 billion a year by ending "corporate welfare programs," and we just saw what happened when the Democrats tried to end tax breaks for oil companies.

So where is Paul getting the other $11 billion?

go65  posted on  2011-05-18   9:30:35 ET  Reply   Untrace   Trace   Private Reply  


#3. To: go65 (#2)

So where is Paul getting the other $11 billion?

Paul has a plan to cut 500 billion this year. The other 11 billion would be easy to find imo.

You like Rand Paul?

A K A Stone  posted on  2011-05-18   9:32:58 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 3.

#4. To: A K A Stone (#3)

Paul has a plan to cut 500 billion this year. The other 11 billion would be easy to find imo.

I'd like to hear the specifics on his plan to "cut corporate welfare." He's in the wrong party if he really wants to cut subsidies/tax breaks to corporations.

go65  posted on  2011-05-18 09:34:39 ET  Reply   Untrace   Trace   Private Reply  


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