Comments on: Gas Prices Hit New Highs For 17 Straight Days http://www.thewisdomjournal.com/Blog/gas-prices-hit-new-highs-for-17-straight-days/ Wise Choices. Improved Finances. A Better Life. Sun, 12 Oct 2008 22:00:54 +0000 http://wordpress.org/?v=2.6 By: Ron http://www.thewisdomjournal.com/Blog/gas-prices-hit-new-highs-for-17-straight-days/#comment-1837 Ron Mon, 12 May 2008 18:19:10 +0000 http://www.thewisdomjournal.com/Blog/?p=147#comment-1837 <a href="#comment-1833" rel="nofollow">#</a>Philip→ It looks to me that you and I are saying the same thing. Maybe I was unclear. I'd be for the reduction in gas tax but not it we "force" the oil companies to pay for it. I think we need our lovely government to do without and tighten up its belt. I agree 100% with what you're saying. Force the oil companies to pay more in taxes and they will only pass that expense on to us--or they will go out of business. What government hacks never seem to understand is that a business must make a certain amount of profit or it will close its doors. Granted, the oil companies are making billions, but it was just a short few years ago that they were the "dogs of the Dow." Oil was $17/bbl and they couldn't make money. No one felt sorry for them then, but they are excoriated now for making money. Money that goes into pension plans and all the index funds BTW! Sorry if I was unclear. I'd encourage the gas tax holiday but only if the government was the one to do without the money. #Philip→

It looks to me that you and I are saying the same thing. Maybe I was unclear. I’d be for the reduction in gas tax but not it we “force” the oil companies to pay for it. I think we need our lovely government to do without and tighten up its belt.

I agree 100% with what you’re saying. Force the oil companies to pay more in taxes and they will only pass that expense on to us–or they will go out of business. What government hacks never seem to understand is that a business must make a certain amount of profit or it will close its doors. Granted, the oil companies are making billions, but it was just a short few years ago that they were the “dogs of the Dow.” Oil was $17/bbl and they couldn’t make money. No one felt sorry for them then, but they are excoriated now for making money. Money that goes into pension plans and all the index funds BTW!

Sorry if I was unclear. I’d encourage the gas tax holiday but only if the government was the one to do without the money.

]]> By: Philip http://www.thewisdomjournal.com/Blog/gas-prices-hit-new-highs-for-17-straight-days/#comment-1833 Philip Mon, 12 May 2008 16:24:36 +0000 http://www.thewisdomjournal.com/Blog/?p=147#comment-1833 You seeem to be contradicting yourself in this post. If you suspend the 18 cents tax for 3 months, especially if you force the Oil companies to compensate for it, then they will pass that cost on to us as consumers. Therefore we will pay the same for the time being, and as soon as that relief is removed we will be paying at least 18 cents more instantly. Please don't encourage people to support the "gas tax holiday" You seeem to be contradicting yourself in this post. If you suspend the 18 cents tax for 3 months, especially if you force the Oil companies to compensate for it, then they will pass that cost on to us as consumers. Therefore we will pay the same for the time being, and as soon as that relief is removed we will be paying at least 18 cents more instantly.

Please don’t encourage people to support the “gas tax holiday”

]]> By: Mother’s Day Gifts, Gas Prices, Retirement and More! http://www.thewisdomjournal.com/Blog/gas-prices-hit-new-highs-for-17-straight-days/#comment-1776 Mother’s Day Gifts, Gas Prices, Retirement and More! Wed, 07 May 2008 13:32:32 +0000 http://www.thewisdomjournal.com/Blog/?p=147#comment-1776 [...] Gas Prices Hit New Highs For 17 Straight Days [...] [...] Gas Prices Hit New Highs For 17 Straight Days [...]

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