Monday, May 25, 2026

BULL!

It is not gas taxes that are keeping gas prices high… It is Trump!

The Republicans are at it again… don’t look behind the curtain. Look at the Democrats!
Emergency cap saves motorists a nickel at the pumps
CT Mirror
by Keith M. Phaneuf
May 21, 2026


Connecticut motorists are paying some of the highest gasoline prices in the nation — at the worst possible time.

An emergency state tax cap has been mitigating pain at the pumps since late March, but the price hikes driven by the ongoing conflict with Iran have some ready to revisit Connecticut’s fuel tax system.

“If the disruption continues, prices today will look affordable, which is horrifying,” said Chris Herb, president of the Connecticut Energy Marketers’ Association.
Do you remember TANSTAAFL? "There is no such thing as a free lunch," and in this case, as you cut revenue from the gas tax, what are you going to cut to offset the loss of revenue?

Of course, Trump wants to get in on the act. I wonder if his head is hollow! Sometimes you have to wonder.
NBC News
May 24, 2026
By Joe Murphy and Jiachuan Wu


As national gas price averages hover around $4.50 per gallon, one state has already suspended its gas tax, and now President Donald Trump and his Cabinet are talking about doing the same.

While a suspension would offer some relief, an NBC News analysis shows that gas prices would still average 35% more per gallon than they were at the start of the Iran war, even if all state and federal taxes were suspended. Average gas prices nationwide are up more than 50% since the war was launched at the end of February.

Trump told reporters Monday that he intended to suspend the 18 cents per gallon federal gas tax. Such a suspension would require an act of Congress. Democrats in the House and Senate proposed measures to suspend the gas tax in March.
Okay folks, the national debt is already skyrocketing… so he wants to cut revenue to offset a crisis that he created by invading Iran? He’s in a pickle and he knows it, so he is grasping at straws.

The Debt Dispatch writes that:
Gas prices have surged due to the war in Iran. In response, President Donald Trump and Senator Josh Hawley (R-MO) have proposed suspending the federal gas tax for up to 180 days.

The proposal has bipartisan appeal. But it would be expensive, ineffective, and fiscally irresponsible. A three-month gas tax holiday would either accelerate the Highway Trust Fund’s insolvency by roughly nine months or require at least an $11 billion general-fund bailout. Meanwhile, the average driver would save only about $3 per fill-up.

The Gas Tax Holiday Increases Federal Deficit by At Least $11 Billion

The Federal Highway Trust Fund faces a significant funding shortfall. Figure 1 shows the ending balance of the trust fund from January 2008 to March 2026. The three spikes in account balance reflect Congress’s three trust fund bailouts in 2010, 2016, and 2021. Notably, these bailouts were not accompanied by corresponding increases in gas taxes or any other structural changes to federal highway revenues or outlays. Congress just chose to spend more.
But remember, Trump just asked Congress for another $15 billion for ICE and CBP!

The left-leaning Center for American Progress writes that...
President Donald Trump’s job performance is underwater with the public, and a majority of Americans disapprove of his handling of immigration, according to an April 2026 Fox News poll. Yet congressional Republicans are choosing to again fuel reckless, escalatory mass deportation tactics that the Trump administration is doubling down on, instead of supporting commonsense measures to stop dangerous, unaccountable actions from Immigration and Customs Enforcement (ICE) and Customs and Border Protection (CBP) and bring their standards up to the level of state and local law enforcement. Rejecting accountability for the Trump administration’s out-of-control ICE and CBP, congressional Republicans are forging ahead with a new, nearly $70 billion slush fund for DHS, ICE, and CBP with no guardrails to add to the mass deportation slush fund that they created just last year.
His $100 billion ballroom!
His "Independence Arch" in Washington, D.C., is estimated to cost at least $100 million!

Remember TANSTAAFL. Remember that whatever taxes they cut have to be offset with spending cuts… so the question to ask is, “What are they going to cut?”

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