With the national average price for a gallon of gas approaching $3.90, you’d think that Washington would be doing everything it could to ease the price and the impact on your wallet. Well, you’d be wrong.
Believe it or not, Harry Reid’s tax-and-spend gaggle in the Senate are responding to soaring gas prices by, you guessed it, trying to raise taxes on oil and gas companies. Of course, higher taxes mean higher prices; it’s just common sense. But that’s something in short supply in the Senate these days.
The bill is S. 2204, offered by Senator Menendez from New Jersey. Not only does it seek to jack up taxes on oil and gas when we can least afford it, but it also handpicks a range of so-called green technologies for special tax breaks. This bill tries to prop them all up: electric cars, cellulosic biofuels, wind, ethanol blender pumps, and on and on.
The Senate will be voting on the bill this week. So, take action today and send your senators a simple message: stop trying to use the tax code to prop up your friends and attack your political enemies!
