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Jay Evensen: Now is not time to start tinkering with gas taxes
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Yes, its the economy, but $4 a gallon gas was much harder on the economy than is $1.50 gas. Revenues are falling while maintenance and construction needs are rising. Now IS the time if there ever was a time. I fully support an increase in the gas tax NOW. For all the reasons Mr. Evensen cited when such an increase would have been much less affordable. Long term, its the economically prudent thing to do.
This will discourage excessive oil consumption.
Better just to leave the money in the people's pockets. They are capable of doing the right thing without having the government tell them what it is and then force them (b'c they can't afford to do otherwise) to cut back on their basic fuel needs to get to work etc.
A prominent businessman recently said that economics can be summarized in four words: people respond to incentives. Increased marginal income tax rates will reduce productivity and small business job creation. Increased capital gains taxes will reduce investment in our country's businesses and corporations.
The extreme drop in the stock market is in part due to investors anticipating really, really bad fiscal policies for the next 4-8 years.
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Now I feel as though there is really someone out there in Newspaper Land that actually thinks and feels like ordinary, straightforward, people, and is not just an apologist for vested interests.
I think there may be other such individuals writing for the Deseret News although I have not yet searched them out.