http://www.jabberwonk.com/flinker.cfm...
JABBERWONK GAS TAX HOLIDAY CALCULATOR
<blockquote>John McCain and Hillary Clinton have suggested suspending Federal Taxes on all Gasoline/Diesel sold between Memorial Day (5/26) and Labor Day (9/1) this year.
According to state highway officials and an article in the New York Times, this "Gas Tax Holiday" will lower tax revenue by roughly $9 billion and potentially cost 300,000 highway construction jobs. The highway trust fund that the gas tax finances provides money to states and local governments to pay for road and bridge construction, repair and maintenance.
</blockquote>
I wrote a quickie calculator to show the fallacy of the gas tax "Holiday" suggested by McCain and Clinton.
I'll save $11.40 - not even enough for a case of beer.
Sad.
http://www.jabberwonk.com/flinker.cfm...
JABBERWONK GAS TAX HOLIDAY CALCULATOR
New York Government
Gas Tax Holiday? Not in New York
It takes three to tango in Albany and in the case of the recently floated proposal for a gas tax holiday this summer, there is only one dancer.
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