Thursday, April 27, 2006


Well intentioned, but ridiculous

According to this CNN article, Republican senators are proposing a $100 rebate be sent to every taxpayer to offset high gas prices. How is this actually going to help anything? A repeal of the tax credits given to oil companies that is just inflating their profits while oil is at this incredibly high level is the real reform that needs to happen here.

If anything the high cost of fuel is hopefully going to encourage Americans to purchase more fuel-friendly vehicles that will reduce consumption in the long run, but that's probably just wishful thinking.

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