Tuesday, March 6, 2012

Top Romney Adviser Wants $2.00 Plus Hike in Gas Tax

As the price of gasoline soars, top Mitt Romney adviser, Harvard economist Greg Mankiw sticks to his guns and calls for a hike in gasoline taxes. In a recent blog post, Mankiw points to a WaPo column which states:
N. Gregory Mankiw, former top economic adviser to President George W. Bush and current adviser to Republican presidential candidate Mitt Romney, also backs a stiff gas tax increase... In a New York Times column this year, Mr. Mankiw offered a tax overhaul that might include a gas tax “exceeding” $2 per gallon.
A significant portion of such a tax ultimately may land on oil producers, which means it cuts back on supply and exploration and, in a feedback loop, smacks the consumer right in the wallet.

22 comments:

  1. The key words here are "Harvard economist". Clearly labels him as someone who can't find (or be trusted to find) his butt with both hands...

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    1. with a map and a flashlight.

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  2. I wonder where Jeremy Lin stands...

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  3. All this talk about "dependence" on foreign oil. How the U.S. must be "energy independent."

    Meanwhile, the Fed prints the dollar to no end, and there are calls for **increasing** the tax on gas!!

    Here's a brilliant idea:

    Stop debasing the money, and remove the gas tax completely.

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    1. Exactly!

      Gas prices explained (5:30):
      http://www.youtube.com/watch?v=40hNSJEKUgo

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  4. We might as well be governed by rapists. These people are clearly insane. Funny enough, they probably don't realize that they could collect their government salaries and do absolutely nothing. What a gift that would be to us...even without repeals...just do nothing.

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    1. That's why I am writing in Jerry Sandusky as President...lol

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    2. Romney did not collect his governor's paycheck. Do your own due diligence.

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    3. The person sitting atop the bureaucratic pile is not the issue. That person is a duly elected official, responsible to the voter. The problem is we have POLICY being made by an un-elected, unionized grey suit army. These federal employees are there for life. You cannot fire them. They move from agency to agency and they believe they are smarter than everyone. It's somehow their God-given right to tell the rest of us how to live. Please spare me the lecture on Administrative Law BLAH BLAH BLAH. Somewhere in everyone's gut you know I am right.

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  5. Given that Mankiw works at Harvard, and that there is a LOT of available public transportation in Boston-Cambridge, such as the fabulous Red Line and many bus routes that run through Harvard Square, ask the professor if he actually drives, or perhaps instead takes public transportation. If he takes public transportation, that might explain his out-of-touch cluelessness.

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  6. And brain dead Republicans just can't stop voting for this idiot.

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    1. Well, they're brain dead, right? The ones with some sense are voting for Ron Paul... ;-)

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  7. I give up. I'm quitting my job and going on welfare. Get what I can while I can. There'll be plenty of time for hard work after it all collapses and we're left with nothing to do but rebuild.

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  8. We need more Texas and Montana millionaires. Drill baby drill.

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  9. http://www.reesemadisonpi.com/

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  10. I suggest all tenured Ivy Leauge Profs have their pot charged a tax of $50.00 an ounce and coke at $75.00 a gram. That would cause a stir. No vote for Mitt here

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  11. He is an overly educated Moron! It would collapse the economy completely! We need the "Fair Tax" approach with a MUCH smaller, limited, less intrusive government!!

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  12. "O'er the land of the fees, and the home of the enslaved."

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  13. And this who is leading the Republican pack???

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  14. I'm happy to see that Mankiw has the courage of his convictions--given his view of the desirability of reducing fossil fuel consumption in order to prevent global warming, his position is entirely reasonable.

    President Obama, on the other hand, who presumably holds the same view, thinks it's absurd to suggest that he is in favor of higher gas prices. And, of course, he almost certainly isn't--because he wants to get reelected.

    But, on his own principles, he should be.

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  15. This is so not true, please, Newt wants to give amnesty to over 30 million illegals, thats the biggest tax burden on an american citizen you should be more concerned about.

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  16. Im voting for Newt. Dont trust Romney, Santorum doesnt have enough gusto to take on this world, and Paul is a lunatic. That leaves Newt.

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