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« Hargett Just Says No To Drugs | Main | Bredesen AWOL as Other Governors Lead Fight To Curtail Eminent Domain » September 8, 2005Governor To Tennessee Motorists: Drop Dead
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Georgia dropped the state share of the sales tax on gasoline, which I believe was around 16 cents per gallon. Prices dropped 2 cents. So, net effect, people paying little less, govt. getting zilch. It is one of those solutions that sounds good, but really doesn't work because there are no price controls (not that there SHOULD be price controls!). Posted by: John H at September 8, 2005 10:28 AMBredesen is a multi-millionaire whose net worth has been estimated at between $50 million and $150 million. Frist's a multimillionaire, Alexander's a multimilionaire -- lots of politicans are multimillionaires. What's your point? Who the heck else can afford to run for office full-time with no job for a year? What's your net worth, Bill? Posted by: A. C. Kleinheider at September 8, 2005 11:33 AMShouldn't your headline really really read: Oil Companies To Motorists: Drop Dead Weren't the price increases added to existing fuel supplies already paid for? No, Bill's comment is dead-on. Pay for roads rather than schools. The gas tax has been the sacred cow in this state...not as a viable source of funding for important budget items but rather as something to keep TDOT paving. I think you should grab an econ 101 book and read up on the basics a little. Gas stations will charge what the market will bear, and removing the tax will not substantially change the price that is charged. Just more profits for the oil companies. Posted by: anon at September 9, 2005 04:44 PMPhil is the only politician to make a promise and keep it, NO STATE INCOME TAX and he is a Dem. You can not say that about the last Rep, Sundquist. Posted by: tracey at September 10, 2005 12:13 AMI live in Maryland, where the GOP governor has also denied a request to suspend the gas tax. It's amazing that when taxes are raised, no one ever asks what the impact is on our wallets - but someone wants to temporarily help out the private sector by cutting some money from the state coffers and it's bloody murder! Honestly, if the price of gas doesn't go down by the amount of the reduced tax (or close to it) one should question the oil companies. I'm far from thinking the oil companies should be denied a profit, but it's at best a bad PR move to not drop the prices accordingly, for a few days anyway. The only bad precedent I see in all this gasoline crunch is that Maryland (and I'm sure other states) has Democrats in their legislature who want to follow Hawaii's example of price freezes on gasoline. Posted by: Michael Swartz at September 10, 2005 09:54 AMPost a comment
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Republicans in the state legislator want to temporarily suspend the state's gas tax in order to give consumers some relief from high gas prices. Gov. Phil Bredesen says that's a bad idea. Details 