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Location: Pantego, Texas, United States

Tuesday, December 30, 2008

Today on TV I saw some left-wing commentators start talking about increasing the tax on gasoline because the price has gotten so low recently that "people have started buying SUV's again." Because they gasoline tax is regressive, the suggestion is that the tax be revenue neutral by increasing earned income tax credits. Democrats would like to gradually increase the price of gasoline up to $10 per gallon to get people to buy electric cars and start riding public transportation.

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