Tag Archives: gas tax

McCain and the Gas Tax

Q: Do the poor drive farther than the rich, as McCain claims? A: No. McCain is wrong when he claims repeatedly that low-income people drive more. In fact, the affluent drive twice as many miles.

Posted in Ask FactCheck | Tagged , , | Comments Off

Running on Fumes

Summary Late-inning ads by both Clinton and Obama in the run-up to the Democratic primaries in Indiana and North Carolina focus on Clinton’s gas tax holiday proposal. But the ads are also misleading. Clinton’s ad claims motorists would save $8 billion during her summer "holiday," not mentioning that no economists …
More >>

Posted in Articles | Tagged , , , | Comments Off

Gas Price Fixes That Won’t

Hillary Clinton and John McCain are offering overburdened motorists a federal “gasoline tax holiday.” But economists say that the proposal is unlikely to actually lower the price of gasoline. McCain’s plan would essentially give federal funds to oil refineries, while the net effect of Clinton’s plan probably wouldn’t be much at all, although it would create a lot of new administrative work.
More >>

Posted in Articles | Tagged , , , | Comments Off