The answer to Cheaper Gas prices !

June 28, 2008

It takes 15 minutes to get to most parts of Scottsdale. It takes 30 minutes to get to Peoria and can take as much as an hour to get from Peoria to the east vally cities of Mesa, Gilbert and Chandler.

Each day gas prices hit record highs. We are all frustrated.gas-pump-prices.jpg

I am taking a poll. Please Vote on the ideas below.

I would like to hear your opinions. Agree or Disagree!

As I see it, here are my best ideas for cheaper gas. The extra disposable income can go towards economic consumption which helps the economy, creates, jobs, ideas, innovation, more revenue for the government, more social programs and ultimately more wealth for all.

  1. Gas Tax Cut -  a Gas Tax cut would provide immediate relief. However, people fear a tax cut would just cause more gas consumption.
  2. Income tax cut - I would suggest a tax break on the first $75K income. This group is more affected and has less discretionary income and savings. An income tax cut for certain incomes would open more disposable income. The problem with a tax cut is that while effective, it is not immediate. A tax cut has to pass the House, Senate and then a Veto by the President.
  3. Increase taxes - spending money on programs for finding alternative energy sources. However, I don’t know anyone who likes higher taxes.
  4. Open U.S oil reserves - by drilling in places like Alaska -   less dependent on foreign oil - I have read that the US has more than 50 years of untapped Oil reserves.
  5. Raise taxes on SUV’s , trucks and high use vehicles - Increase incentives for more fuel efficient vehicles.  These are standard in Europe - why not here?
  6. Regulate Oil speculation- commodities traders have had an impact on prices betting on future growth - again difficult to control global markets.
  7. Increase tax breaks/government benefits to providers of public transportation. Thus, passing on lower costs for commuters.
  8. Carpool, Ride a Vespa, bicycle or walk

whether you are a real estate agent, a soccer mom, a hard worker with a lengthy commute to work, simply if you own a car, we are all affected.

Please weigh in, vote, let your ideas be heard and if anybody has others, please add..

thanks and have a great weekend

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Written by James Wexler · Filed Under Articles 

Comments

2 Responses to “The answer to Cheaper Gas prices !”

  1. Pat Williams on June 28th, 2008 5:38 pm

    I’d vote for the benefits to providers of public transportation. While living in Toronto, I took the public transit for granted, buses, subways, streetcars every 15 minutes in the suburbs, less in the city core. Bus stops were available at every intersection. After moving to the USA and living in two different states , I really miss the convenience of public transportation in the suburbs.

  2. Mark Harrison on June 29th, 2008 8:29 am

    > The extra disposable income can go towards economic consumption which
    > helps the economy, creates, jobs, ideas, innovation, more revenue for the
    > government, more social programs and ultimately more wealth for all.

    This is a joke, yes?

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