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ATT MR. and MS. MIDDLE CLASS FAMILY

Would gas at $7 per gallon - jumping up all at once - influence your lifestyle?

If so - be worried - because $7 / gallon is roughly the monetized equivalent of letting the Democrats allow the Bush’s tax cuts to sunset out.

Figure one thousand gallons of gas per year, and figure a tax rise (including vanishing child tax credits) of $4,000. Place those four thousand dollars onto the thousand gallons of gas and - voila - you have $7 at the pump.

Be warned.

topics:
Oil

About the Author

Judd Magilnick lives in exile in Santa Monica, California.

http://spectator.org/blog/2006/11/01/if-dems-win-gas-instantly-will

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