Monday, April 28, 2008

Yikes

"The idea to suspend the 18.4 cent federal gas tax and 24.4 cent diesel tax from Memorial Day to Labor Day was first proposed by McCain, the likely Republican presidential nominee, as a way to lessen the pain at the pump for consumers this summer.

Clinton said she would make up the lost revenue by imposing a "windfall profits tax" on oil companies."

If this is sincere, it is reprehensible. If this is disingenuous populism, it is merely ugly.

I have no idea whether or not Obama has any similarly counterproductive proposals but the fact that 2 of the 3 people who are mostly likely to be president support removing the gas tax (and perhaps to create a "windfall" profits tax) is scary.

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