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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (174028)12/28/2008 1:36:24 PM
From: Les HRead Replies (1) | Respond to of 306849
 
More people will switch to fuel-efficient cars even if the cost-benefit of switching isn't justified by the savings in gas consumption. It'll drive down the value of used cars so it might actually make it cheaper for the poor to afford newer cars. It might actually be more fuel-efficient if they bought minivans since immigrants often house their extended families.



To: bentway who wrote (174028)12/28/2008 11:48:33 PM
From: The ReaperRead Replies (1) | Respond to of 306849
 
There's no question a gas tax would be a regressive tax that would hurt poor people the most. It's an evil worth having. The poor have already had to deal with $3 a gallon gas - they can deal with it. They already did.

That could be solved with a tax credit on the income tax for poorer filers. Plus all the illegals not filing returns would get stuck paying the full tax with no credit and help pay for some of the services they are receiving.