toybox99615
New member
McCain now proposes to stimulate the economy by temporarily removing the Federal fuel tax. At 18.4 cents per gallon how much stimulation can you generate. Last year I purchases the most gas I have ever purchased as I did a major amount of traveling for a vacation across the lower 48. Personaly I drove my truck over 10,000 miles for that vacation. So for the sake of computing my potential stimulation package this summer I'll do the math as follows: 10,000 mile @ 10 mpg equals 1,000 gallons of gas. At 18.4 cents per gallon I'll have $ 184 to stimulate with.
OPS gas here went up 24 cents per gallon two weeks ago. Gee if I do all the math it seems like gas increases are 25% more than the stimulus I'll get. And gas prices are predicted to increase even more over the summer. So please Senator McCain tell me how this is going to stimulate my economy.
Maybe it in the second part of his plan where he call for a 10% reduction in corporate taxes. It must be those corporation are all going to lower prices by some amount is where I'll see the savings.
Overall McCain is calling for over 16 trillion in tax savings over the next ten years with no idea on how that amount would affect the national debt, the federal deficit or the federal budget. 16 trillion over ten year is 1.6 trillion a year or roughly 50% of the 3 trillion dollar national budget. Now maybe I'm just a pessimist but I believe McCain's plan relies on some magical apparition where the 16 trillion dollars will be replaced by some volunter donation. Otherwise his plan is not going to work.
OPS gas here went up 24 cents per gallon two weeks ago. Gee if I do all the math it seems like gas increases are 25% more than the stimulus I'll get. And gas prices are predicted to increase even more over the summer. So please Senator McCain tell me how this is going to stimulate my economy.
Maybe it in the second part of his plan where he call for a 10% reduction in corporate taxes. It must be those corporation are all going to lower prices by some amount is where I'll see the savings.
Overall McCain is calling for over 16 trillion in tax savings over the next ten years with no idea on how that amount would affect the national debt, the federal deficit or the federal budget. 16 trillion over ten year is 1.6 trillion a year or roughly 50% of the 3 trillion dollar national budget. Now maybe I'm just a pessimist but I believe McCain's plan relies on some magical apparition where the 16 trillion dollars will be replaced by some volunter donation. Otherwise his plan is not going to work.