Tuesday, April 15, 2008

Gas tax suspension: Will it make a difference?

John McCain wants to suspend gas taxes for the summer months. Pardon my skepticism, but it’s too little, too late.

"Because 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,'' McCain will say in today’s speech, Bloomberg reports.

Yes, I’d like to shave 18.4 cents or so a gallon off my gas prices, but truthfully, with gas prices at $3.50 a gallon, does 5 percent off matter? Big Oil, obviously, is still making its heavy profits at the detriment of the poor worldwide, who are facing rising gas prices a challenge to affording commuting to work, or worse, purchasing food.

So what can us “little guys” do? Practice conservation. If each of us takes little steps towards reducing our fuel usage, we can make a true difference.

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