A gas tax would bolster the economy, reduce dependence on foreign oil, and promote conservation and alternative energy. A $1/gallon increased tax would raise $150 billion yearly, which could help expand health care and education. The pump price would go up much less than the tax due to lower crude oil prices. The tax could overnight turn the bear market into one of optimism for the US economy.
A gas tax would bolster the economy, reduce dependence on foreign oil, and promote conservation and alternative energy. A $1/gallon increased tax would raise $150 billion yearly, which could help expand health care and education. The pump price would go up much less than the tax due to lower crude oil prices. The tax could overnight turn the bear market into one of optimism for the US economy.