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Taxation & Estate Planning

: Start Making Sense

Gas tax, the sequel

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For McCain, raising the gas tax issue again may verge on being a forced move.  With gas prices up and the stock market down, and with Obama pounding him on the economy and his lack of non-Bush ideas, I don't see where else McCain can go.

This time, the pushback against the gas tax holiday should emphasize more the point that it is unlikely to lower gas prices at the pump, hence it is actually a disguised giveaway to the oil companies rather than a sop to consumers.  Thus, it is just another trademark Republican special interest scam merely dressed up as populism.  The type of thing you'd expect Cheney or Tom DeLay to do.

This pushback has the advantage not only of being true, but of reversing the populist narrative, whereas just calling it irresponsible (although that's true too) would concede the point.

Full post as published by Start Making Sense on June 09, 2008 (boomark / email).

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