Topic: Gas Tax!
started by: Marneman
Posted by Marneman on Jun. 23 2014,2:35 am
Heard a small news blurb the other day that ther is a bipartisan move in the house and senate to raise the federal gas tax by .12 cents!! First off the only thing those idiots in Washington DC can agree on is to stick it to us!! Secondly it was said that the increase would go to improve roads and bridges, isn't that what the current rate of federal gas taxes is supposed to be paying for! On top of that I read some article from the internet where some "no-nothing" claims that we could be paying $4.25 a gallon for gas and still not feel any finacial pain! I'd like to have some of the dope this jackass was on and then maybe I wouldn't care how much gas cost either!!
Posted by Self-Banished on Jun. 23 2014,7:48 am
Oh sure, promises-promises, like lotto proceeds being used for wildlife/environment whatever BS. It always works till the next so-called crisis. Nobody pays attention, nobody cares once a subject gets passed the next news cycle.We get what we deserve.
Posted by irisheyes on Jun. 23 2014,8:12 pm
Costs go up for road maintenance (road crews, plows, etc.) just like most other things. The 18 wheelers will put a million miles on our roads without paying a cent more at the pump, but the geriatrics I know who hardly ever dust off their vintage car will get a surprise in the mail when it's time to renew their tabs. Who do you think should pay more, the people who use the roads the most, or everybody else? 
Posted by Self-Banished on Jun. 24 2014,2:57 am
(irisheyes @ Jun. 23 2014,8:12 pm)
QUOTE
Costs go up for road maintenance (road crews, plows, etc.) just like most other things. The 18 wheelers will put a million miles on our roads without paying a cent more at the pump, but the geriatrics I know who hardly ever dust off their vintage car will get a surprise in the mail when it's time to renew their tabs. Who do you think should pay more, the people who use the roads the most, or everybody else?
I think I've made it clear several times, raise taxes, raise fuel costs and products and service costs rise right along with them. Yours and Expat's whinings about 18 wheelers tearing up the roads amuses me. Taxes are nothing more than expenses that are pasted down the line.
Posted by irisheyes on Jun. 24 2014,4:38 pm
So you'd rather we subsidize the trucking industry? Taxes are an expense, but they're an expense that needs to be paid for. You guys must have some type of color blindness to red ink. I assure you, those roads cost a lot of money, kinda like the wars the Republicans keep starting, but whenever these things need to be paid for all I hear is excuses.
Posted by Self-Banished on Jun. 24 2014,7:06 pm
(irisheyes @ Jun. 24 2014,4:38 pm)
QUOTE
So you'd rather we subsidize the trucking industry? Taxes are an expense, but they're an expense that needs to be paid for.
You guys must have some type of color blindness to red ink. I assure you, those roads cost a lot of money, kinda like the wars the Republicans keep starting, but whenever these things need to be paid for all I hear is excuses.
You guys must have some type of color blindness to red ink. I assure you, those roads cost a lot of money, kinda like the wars the Republicans keep starting, but whenever these things need to be paid for all I hear is excuses.
Red ink seems to be what the gov. does best. How long do you think it'll take to pay off that new "green line" between St.paul and Mpls that cost 1 billion? I assure you everyone in the state is paying for that little boondoggle.
Are you trying to be a truck driver again?
you know your not too good at it but if you want to try I'd be willing to help you 
Posted by Expatriate on Jun. 24 2014,10:00 pm
You shouldn’t knock the Metro Green Line, when that Bot takes your truck driving job you’ll be riding the green line to your dishwashing job!
Posted by Self-Banished on Jun. 25 2014,4:34 am
(Expatriate @ Jun. 24 2014,10:00 pm)
QUOTE
You shouldn’t knock the Metro Green Line, when that Bot takes your truck driving job you’ll be riding the green line to your dishwashing job!
I've been thinking of that of late, you mean all I'd have to do is buy trucks? I wouldn't have to hire drivers?
Posted by Moparman on Jun. 28 2014,8:29 pm
So without the burdensome cost of drivers will you pass along the savings down the line? 
Posted by Self-Banished on Jun. 29 2014,2:38 am
^^I'd charge what the market would bear.
Posted by pepi-lapew on Jul. 01 2014,1:43 pm
Quit spending the gas tax money on bike trails, Then we would be better off? Who needs them any way. I see the bikers using the streets instead of the bike lanes.
Posted by Rosalind_Swenson on Jul. 02 2014,12:17 pm
They should raise tax on crude oil not gasoline. I'm sick of hearing the BS line that oil companies barely make any money from producing gasoline. First of all, all the big companies are integrated. They own and run the whole shebang. Where does the biggest chunk of money go per gallon of gasoline? They figure in the price of their own crude oil into gasoline production when they spew they only make 7cents per gallon. What a crock. They don't pay much tax on the crude oil part at all. They also like to spout how incredibly expensive R&D is, but they get to claim 70% of those expenses as a tax write off. And claim up to 30% of damages in their own made disasters like the Gulf spill. Taxes too high for oil companies. What a crock. Pass the cost of higher taxes on down the line. What a crock. - In this instance anyway.
Posted by Self-Banished on Jul. 02 2014,12:23 pm
^^^
Posted by Glad I Left on Jul. 02 2014,2:18 pm
(Rosalind_Swenson @ Jul. 02 2014,12:17 pm)
QUOTE
They also like to spout how incredibly expensive R&D is, but they get to claim 70% of those expenses as a tax write off
You realize a tax deduction is on the TAXES paid, not the original cost.
They DO NOT get 70% off R&D expenses.
Posted by Rosalind_Swenson on Jul. 02 2014,2:46 pm
Which part got the facepalms SB?Took me awhile to get to a system where I could copy and paste.
And GIL, that's not how I read this article. I'm not a tax expert, but I also don't get your take from reading the tax code in the second link below.
QUOTE
When Exxon Mobil wants to drill a well to look for oil, it can under present law "expense," or quickly deduct, the costs for labor, drilling and rig time. These are known in the tax code as "intangible drilling costs."
The code now allows independent oil companies -- mid-sized competitors such as Marathon Petroleum Corp and Occidental Petroleum Corp -- to recover 100 percent of intangible drilling costs in the first year.
The largest oil companies -- including the "Big Five" players Exxon, Chevron, BP Plc, ConocoPhillips and Royal Dutch Shell Plc -- can recover 70 percent of these costs in the first year.
< http://www.reuters.com/article...0120329 >
The code now allows independent oil companies -- mid-sized competitors such as Marathon Petroleum Corp and Occidental Petroleum Corp -- to recover 100 percent of intangible drilling costs in the first year.
The largest oil companies -- including the "Big Five" players Exxon, Chevron, BP Plc, ConocoPhillips and Royal Dutch Shell Plc -- can recover 70 percent of these costs in the first year.
< http://www.reuters.com/article...0120329 >
< http://www.irs.gov/publica...0208883 >
Maybe CC can dumb down the IRS information for me.
I was wrong. Companies can claim up to 35%, not 30%.
QUOTE
Under U.S. corporate tax law, companies can take credits on up to 35 percent of their losses.
The credit for BP could mean, however, that taxpayers will indirectly foot part of the bill for the $20 billion fund that BP established to compensate people and businesses harmed by the disaster.
< http://www.washingtonpost.com/wp-dyn...37.html >
The credit for BP could mean, however, that taxpayers will indirectly foot part of the bill for the $20 billion fund that BP established to compensate people and businesses harmed by the disaster.
< http://www.washingtonpost.com/wp-dyn...37.html >
Posted by Botto 82 on Jul. 02 2014,2:55 pm
Corporate subsidies are everywhere. And they need to stop.
Posted by Self-Banished on Jul. 03 2014,7:42 am
(Rosalind_Swenson @ Jul. 02 2014,2:46 pm)
QUOTE
Which part got the facepalms SB?
Because as I've stated on this site many times, when you increase costs to a business, any business, all that happens is that the costs are just passed along.
Just one of the prices we pay for free enterprise
Posted by Rosalind_Swenson on Jul. 03 2014,8:56 am
(Self-Banished @ Jul. 03 2014,7:42 am)
QUOTE
(Rosalind_Swenson @ Jul. 02 2014,2:46 pm)
QUOTE
Which part got the facepalms SB?
Because as I've stated on this site many times, when you increase costs to a business, any business, all that happens is that the costs are just passed along.
Just one of the prices we pay for free enterprise
Ok, I understand that, but why don't you have a problem with the blatant lies coming from these big corporations and our government? The $0.07 profit on gasoline for example. Blatant lie. Since 80% of the cost of a gallon of gasoline is the crude oil. So in all actuality, these big companies are making a much much bigger profit than they admit to, right? Getting to take big tax credits when their disasters hurt their bottom line? Even their legal fees are tax deductible. The big banks and big corps are the ones running the show. It should be obvious by now. Hell, they don't just "influence" lawmakers with lobbyists anymore, quite often they are writing up legislation for crying out loud. How often has MSM told the truth about anything? The gas profit for instance?
MSM mainly just throws around BS. Their main topics are ANYTHING that will distract and DIVIDE us. Birth control, abortion, gun control. - I'm not saying those are not important issues, but how often did mainstream national news talk about the indefinite detention and stripping of rights powers that the government now has? How often have they talked about the water shortage problem? How much did you hear about that guy in Arizona who bombed the social security building, and how often did any reporter dig in to find out HOW that guy was even here or how he had so much money? How often do they talk about the horrible situation still ongoing in the Gulf of Mexico?
How often does the media or government tell us anything of importance? And how often is it pointed out how often and how BIG our leaders lie? And we just keep letting them do it.
***Edit***
How often did they talk about the reporters threatened with arrest for trying to cover oil spills? How many times did any government official speak out against such a thing happening? People should be outraged at the things happening and the direction this country is going.
Posted by Self-Banished on Jul. 03 2014,10:21 am
Hey, the system we have is what it is, kinda f**ked but it's what we have to deal with with the gov. we have. So if we start throwing bums out of office, doesn't matter if the have an "R" or "D" after their name then we might get somewhere.
Posted by Rosalind_Swenson on Jul. 05 2014,2:48 pm
(Self-Banished @ Jul. 03 2014,10:21 am)
QUOTE
Hey, the system we have is what it is, kinda f**ked but it's what we have to deal with with the gov. we have. So if we start throwing bums out of office, doesn't matter if the have an "R" or "D" after their name then we might get somewhere.
You are much more optimistic than I am.
Too many of us have their heads stuck too far up their butts, I don't see R's and D's losing control any time soon.
Posted by Self-Banished on Jul. 05 2014,3:25 pm
Things start slowly, we might get lucky.Do not for one tiny second think that I'm happy or content or even complacent about our leaders. I just believe in using the system as best I can for my benefit.
Posted by Rosalind_Swenson on Jul. 05 2014,6:52 pm
(Self-Banished @ Jul. 05 2014,3:25 pm)
QUOTE
Things start slowly, we might get lucky.
Do not for one tiny second think that I'm happy or content or even complacent about our leaders. I just believe in using the system as best I can for my benefit.
Do not for one tiny second think that I'm happy or content or even complacent about our leaders. I just believe in using the system as best I can for my benefit.
Well, would you do me a favor? When the next Occupy-type thing starts up again, would you please not listen to what the lyingass media says it's about, and don't help spread their BS. And please tell people not to spit on us or call us names!
Posted by Self-Banished on Jul. 05 2014,7:00 pm
Ah, spitting on people, the mark of a true human being. 