Say No to the Gas Tax Holiday!

Of the three presidential candidates, only Obama has this one right. Here’s an excellent write up from Newsweek about the issue. This may be the best of the links here regarding the issue.

Political Pandering

My personal favorite paragraph from the article above is this one, though the bullet points are the real convincing part:

I could highlight a long debate among economists on suspending the gas tax, but there is no debate. Not one respectable economist—and not one environmentalist or foreign policy expert—supports the idea, unless they are official members of the Clinton or McCain campaigns (and even some of them privately oppose it). To relieve suffering at the pump, send another rebate check or provide tax credits or something else, but not this.

Please click this link to a petition site to say no the the gas tax holiday. We must try hard not to get stuck with this horrifically bad idea. There are more links to other great articles below in case you are not convinced by a single source. Here’s a really good write up from NPR about the gas tax and how it will actually raise gas prices rather than lowering them.

Economists: Gas Tax Holiday No Break from High Prices

Here’s another from the Washington Post.

Adding Up the Benefit Of Pennies at the Pump

An opinion post on the Mother Jones blog from a regular contributor also gives some excellent reasons and some more articles in case this list isn’t sufficient for you.

It’s a Boondoggle: the Gas Tax Holiday

Thanks to my wife for suggesting this post.

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