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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (602504)	3/7/2011 12:18:14 PM
From: TimF	Read Replies (2) \| Respond to of 1574709

Click on the link below to see how the US compares to 20 other nations. Lower taxes are positive, so I guess we compare positively. and the government needs revenue Government needs to reduce spending. Preferably actual reductions, but at least strong reductions in planned increases. Business Insider proposed the intriguing scenario of pegging gas prices at $5 after 2015: Whatever gas would cost on the open market (benchmarked to the price of oil), the tax would make up the difference between that and $5. If the market price for gas went over $5, the tax would disappear. So you want to greatly reduce the signal from higher prices and the adjustments made to that price signal. Not a good idea. Also I suspect that once the market price does go over $5 in any sustained way (which it certainly will, even if its mostly because of the reduction in the value of a dollar over time), that a new higher peg would be set.