How bout the gov'n or GA now
 

Proposing dropping state tax on fuel through the end of the month. It is going before the legislature on Tuesday of next week. In my opinion, the tax should have been raised alot years ago and dropped off when things get crazy like now. Says the state is going to lose $74million during this time.

State tax
 

I would like to see how much of a difference that would make to the price of gas in TN, AL and FL compared to GA. I suspect that if he does drop the tax, the gas companies will just claw the prices back.

Why should the state drop the tax? The higher cost of gasoline will cause a reduction in consumption, one way or the other. The lost state revenues are significant.

A bit of conservation, say 10%, by everyone, and the prices will steadily fall to normal levels (maybe $2.20 or so).

The State taxes on fuel are only pennies per gallon. The Federal fuel tax is another animal at something like $0.20 per gallon. 'Round here that would still leave fuel running above $3 per gallon.

Talked with the wife last night, she had just filled the Suburban for $2.85/gal. Never thought I would see gas cheaper in CA! Shoot, that is a good $0.50/gal less than my local MI gas station.

Same here. It's up to $3.39 here at most stations. The big boys (Mobil) along the highway are up to $3.69. That same station had premium for $3.99. :eek:

Suspending the Ga. gas tax will save me about $60 a month at current prices. That's significant to me, what with beer prices going up and all!

Yep. It will save a LOT of people a lot of money.

I'm far more concerned about INDIVIDUALS' budgets than I am about the state's budget.

Mike

Where's the par-tee?

Hooters, booth #11!

Hey, Prez! Long time no see! How have you been?

Come out to the Dark Horse/10 High in the VA Highlands Saturday nite (the 10th).... My band is doing a benefit show for the hurricane relief effort. We're on at midnite. Let's have a beer. Cap'n, you're welcome to make the trip as well!

:)
Mike

Dropping the tax is just grandstanding. What really needs to be done is price controls. Since the normal market forces arent at work, price controls are appropriate here.

That's a very slippery slope you're standing on there, luvrp.....

Mike

Mike, thanks for the invite, but, alas I am still under 'house arrest'. I can only travel if there is a "more than likely" chance that naked women (in their 20's) will be present.

Nixon used them effectively.
I think it can be done appropriately and wisely.

Wish I could....sounds like a blast! Other plans though.....I'll be in D.C. for a friend's wedding this weekend. :musicband

Still up for a beer later this month :)