Bush and the tax cut fallacy

[Streetdoc270]

When your favorite fundy neighbor/coworker spits the 'the tax cuts puts your money back into your hands' line offer them this insightful piece of math...

1999 gas per gallon avg 1.15
2003 gas per gallon avg 1.81 (1)

Avg MPG 20 (2)
Avg miles driven a year 14,000 (3)(1998 data)

Avg gas usage 700 gals/yr

This totals $462.00 dollars a year more that you pay at the pumps since Bush has been in office!

Sources

1. http://tonto.eia.doe.gov/oog/info/gdu/gasdiesel.asp
2. EPA
3. http://www.mass.gov/eotc/modes/modes.highway.html

[Catfight]

1. Yeah..the Oil President is amazing isn't he.

As soon as he stole the election I said, wonder how long it will be before oil prices are raised and he goes back to Iraq.

[Skittles]

2. how about the thousands lost in raises, 401K money, etc

it's all righwing crap. Here's a $300 check!!!! :puke:

[Brotherjohn]

3. How 'bout increased local & state taxes? My county is going to raise...

... property taxes for homes and businesses, up to hundreds of dollars a year, to pick up the slack for shortfalls in fire protection money (you know, the first responders' money GWB promised, but couldn't afford because of his tax cuts).