Remember when gas was getting really "expensive?" The oil companies made record profits. I would rather that be a tax than for the oil companies who are clearly price gouging.
Did you forget that when fuel went over 2.50, every shipping company and airline was adding a fuel sur-charge to their invoices?
Do you think that just because there's a luxury tax on fuel, the oil companies are going to quit meeting their profit margin? So, let me get this right... on top of the oil companies margin, you want uncle Sam to take a bigger cut than he already is. I don't understan how that is going to help anything?
Maybe explain the concept to me so I can see the light.
If one has the money to pay for gas for a car that gets 12 MPG, then there shouldn't be a problem with them paying for the "surcharge" for the extra money companies have to spend to get crap from a-b.
My point is that in order for the sh-- to not REALLY hit the fan (gas jumping from 2$ to 6$) then gas prices should rise, whether oil companies want to take that money or taxes I don't necessarily really care (however, Tad, your wife's income when she is a doc will likely largely come from the federal gov in the form of medicare payments).
Aside from the clear "thread drift" Tad, you said you don't mind the fed gov spending money on defense. My salary is paid by the gov (USAF) but what has the defense department done for you lately? And besides, I'm am not the biggest fan of having to travel all over the world trying to manipulate foreign goverments or killing their citizens in the name of 2-3$ gas.