The Hidden Gas Tax Cometh

Raising the gas tax – overtly – is politcal TNT.

Chiefly because it’s a tax everyone feels, every day – and it’s an extremely disproportionate tax already. About 50 cents per gallon – which amounts to a roughly 20 percent tax added to the cost of every gallon of fuel. The government makes (takes) more money off each gallon than the Evil Oil Companies earn from the sale of each gallon. Yes, really.

The gas tax is also extremely regressive, in the language of the politically correct. It hits th...

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Published on May 15, 2018 21:01
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Llewellyn H. Rockwell Jr.'s Blog

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