John McCain, on Tuesday: “I propose that the federal government suspend all taxes on gasoline now paid by the American people — from Memorial Day
April 18, 2008

John McCain, on Tuesday:

“I propose that the federal government suspend all taxes on gasoline now paid by the American people — from Memorial Day to Labor Day of this year. The effect will be an immediate economic stimulus.... [B]ecause the cost of gas affects the price of food, packaging, and just about everything else, these immediate steps will help to spread relief across the American economy.”

John McCain, on Thursday:

“I think psychologically, a lot of our problems today are psychological — confidence, trust, uncertainty about our economic future, ability to keep our own home. [A gas-tax holiday] might give ‘em a little psychological boost. Let’s have some straight talk: it’s not a huge amount of money.... A little psychological boost. That’s what I think [a gas-tax holiday] would help.”

So, which is it, a seasonal tax cut that will serve as “an immediate economic stimulus,” or a gimmick to alleviate our “psychological” problems?

Help Us Fight Back Against Social Media Censorship

Facebook has been limiting the visibility of our posts after a serious of bogus violations. We need your help now more than ever.

Discussion

We are currently migrating to Disqus

On May 14, 2022, we started migrating our comments from Insticator back to Disqus. During this transition period, some posts will have Insticator and some Disqus. For more information on the transition, as well as information regarding old C&L accounts, please see this post.


We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service for information on our posting policy.