Also, it’s the latest attempt by Republicans to drill in ANWR. but that’s not my point here. Today the Republicans proposed a “bold move”, giving most US taxpayers a $100 “gas-tax rebate”. Every taxpayer with an adjusted gross income of $125,000 or less, or $150,000 for couples filing jointly, would get the rebate. I haven’t seen a report saying how many people would be eligible for this, but I went to the IRS website and looked up the number of returns by AGI. In 2003 there were about 125,000,000 individual returns that would qualify. So if each of those representedf a person or couple who would get the rebate, then the Republicans have just added to the deficit approximately
Heck, that would pay for a month and a half of the Iraq excursion. But it won’t do a thing to solve any of our energy-related problems. Here’s a better idea for US taxpayers: trade that gas-sucking SUV for something that burns less gas. If you drive 1,000 miles a month, and you get 15 mpg in your Ford Expedition, then switching to something like a Ford Escape getting 23 mpg will save around $70 each month. That beats the hell out of a one-time $100 vote-buying handout. And make no mistake, the rebate is all about buying votes come November. And unlike the Republican proposal, getting better mileage actually does something to reduce gasoline consumption.
Meanwhile, Exxon Mobil posted profits of
for the first quarter of 2006, following profits of
for the last quarter of 2005. Obviously, companies have to have profits, but I’m just sayin’. That’s a lot of cash they’ve raked in from us. But one thing we know, they can’t afford to pay more in taxes. They’re barely making it as is. I’m just sayin’. But you know, it wasn’t like the car dealers put little yellow stickies over the gas mileage figures on the window stickers, so we couldn’t see the numbers. I have no sympathy for people who complain about how much it costs to fill up their Suburban or Excursion or Hummer, or their Explorer or Tahoe or Dodge Ram. Nobody forced them to buy a 5,000 pound behemoth with a 6-liter V8 to haul around two kids and a few bags of groceries. I think we should issue bumber stickers that say “130,000 US soldiers are in the Middle East protecting my right to waste gas”. I’m just sayin’.