ANSWERS: 2
-
No. That would be bad business. If the government removed taxes and then the companies raised their prices, they would just piss off the public even more. Plus, a move like that would raise the profit margin (not real profits, but the margin) which have remained steady throughout the cost increases.
-
The fuel tax being removed would have very little effect on the cost of fuel. What people need to understand is the "fuel tax" has very little to do with the cost of fuel. The tax incentives given to the major oil companies are a serious problem. The govt would have a better chance at getting this problem under control by simply stopping the purchase of oil they add to the strategic oil supplies for a time. But lets face it folks..The wealthy in the u.s are profitting from the stock they hold in these oil markets so doing anything to harm their bottom line is not in their best interest. Once again the working class of america is being depended on to fund the running of this country. What little of it that is still american owned that is..we are being sold, by america. :)
Copyright 2023, Wired Ivy, LLC

by 