Thread: Gas Tax Holiday
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Old 06-23-2022, 06:07 AM
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Quote:
Originally Posted by Luggage View Post
He must be a big shot with a lot of money in the bank. That's another 10 or $20 a month the average Joe can keep in their own wallet to spend on things like food utilities and rent. You seem to forget we are the 1%
Let's look at that a little closer:

1) not concerned over saving $10-20/ MONTH makes one a "big shot with a lot of money in the bank" Hmmm.....yes, 5 years of saving $10/mo. would deplete the "big shot's" savings of a whopping $600

2) To save $20/mo., at 18 cents/gallon = 111.1 gallons/month or $556 at $5/gallon and implies driving 2,999 miles/MONTH---a bit more than average, which according to Car and Driver magazine is 13,500/year So the savings for an average driver is closer to $7/month.

3) But the proposal is only to repeal that tax for 3 months, so total savings is $21---yep, that would put someone in the "1%"