News-Record.com

The North Carolina Piedmont Triad's top go-to source for News
A service of the News & Record, Greensboro, North Carolina

Home

Capital Beat

« Identity theft, price gouging, lotteries and a joke | Main | Lottery Appointments »

Gassed

I just received an e-mail alerting me to this press release by the National Taxpayer’s Union.

It urges Gov. Mike Easley to temporarily lift the state’s 26.5-cent tax on gasoline. Easley was asked this morning whether he would do such a thing this morning. His one word reply: “no.”

Why pass on the seemingly feel-good power play? Easley may just be looking at the numbers.

Cutting 26.5 cents won't get prices below $2 a gallon at my local station. Meanwhile, cutting the state will cost the state somewhere north of $120 million a month - money that's set aside to help build and repair roads.

So, is getting your petrol bill down to, say $2.35 rather than $2.61, worth putting a host of road projects behind the fiscal eight ball? Discuss in the comments below.

Comments (2)

To report abuse of the comment feature on this site, please use the feedback form at the bottom of any page.

Doug said:

The savings might not mean much to you,however to some they could be important. Could not TAX HIKE MIKE take some off the PORK BARREL MONEY to cut home heating taxes this winter???? Did I not read yesterday $20 million for internet shams for his rich friends??

M.G. Binker said:

Doug: Not sure what Internet shams you're referring to.

The tax in question that the NTU was pointing toward was specifically toward motor fuel...not home heating oil or gas. Of course, those are taxed as well and one might well make the case that it would be far more critical (as a health and safety issue) to help folks afford those than gas for their cars.

Post a comment

Users who post comments to this blog tacitly agree to observe the News & Record Online Service Terms of Use and Content Submission Agreement. Comments which do not adhere to the terms of this agreement may be removed and the submitter may be banned from further participation. Please use the feedback form at the bottom of any page to report abuse of this feature.

Explore This Blog

ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

Search

Channels
Font Size
Tools
Question, Comment or Suggestion? Please contact us.

News & Record and NRinteractive

200 E. Market Street, Greensboro, NC 27401 (336) 373-7000 (800) 553-6880
1813 N. Main Street, High Point, NC 27262 (336) 883-4422
203 E. Harris Place, Eden, NC 27288 (336) 627-1781
4213 S. Church Street, Burlington, NC 27215 (336) 449-7064

Copyright (C) 2008 News & Record and Landmark Communications, Inc.