02-15-2012, 07:28 AM
|
 |
NAR Lifetime Member
|
|
Join Date: Jul 2009
Location: In a state of confidence
Posts: 266
|
|
Quote:
|
Originally Posted by Cohetero-negro
personally guys, and this is just me, I believe the federal government doesn't mind the higher gas prices as it increases tax revenue.
For every dollar of gas that is sold, the feds make and average of $0.25, so the feds really don't mind collecting taxes in another fashion. 
J |
Jonathan, you're really not thinking it through:
The Fed tax per gallon is fixed. If less gallons are bought (the recent trend as people are travelling less and cutting back on gas purchases) then less gas tax collected. The Fed gov'
t wants prices to be lower so more gas is bought and more taxes. |
Threaded Mode