Friday, April 2, 2021

Democrat Congressman Emanuel "Amen and Awoman" Cleaver of Missouri says just raise the gasoline tax, no one knows what it is anyways

That's the Democrat strategy on taxes from time immemorial in a nutshell. Multiply taxes and imbed them in everything so that there's so many of them you can't even list them all or realize that they've gone up.

The federal gasoline tax of $0.184 per gallon, however, is a universal tax, unlike state gasoline taxes which vary, obviously, and is displayed at every fuel station. It hasn't been raised since 1993. The tax started out at a penny in 1932. 

There is no excuse for not knowing what it is.

And there's no excuse for complaining the current tax doesn't take into account inflation since 1993. The inflation-adjusted tax from 1932 in 2019 is $0.19, so the current tax is just about on the money.

One problem with a fuel tax is that it is regressive, occupying a much larger place in the finances of hourly workers than it does in higher paid salaried workers. It's not fair.

Another is that since the early 1980s the fuel tax has been split between roads and "transit", as if the family vacation on the interstate system should fund the trains for the well-heeled commuters of America's metros.

Still another is . . . if deficits no longer matter, as is self-evident from the orgy of COVID relief spending, then why do taxes still matter?

They don't.

I say abolish the federal gas tax altogether.