Liberty Forged

the State has no money of its own, so it has no power of its own. ` Nock

The Affordable Gas Price Act (HR 2415)

Posted by Jesse on December 5, 2007

Hear Congressman Paul’s weekly legislative update toll free 888-322-1414

Pain at the Pump (Nov 25, 2007)
“Taxation is the most direct way government increases Americans’ cost at the pump. The national average price of gas now is well over $3.00 per gallon, $4 in some areas. Federal taxes take 18.4 cents, while state and local taxes average another 28.5 cents per gallon. That’s an average of 47 cents per gallon Americans are paying just for government, but that is just the tip of the iceberg. Less directly, our loose monetary policy gives taxpayers double jeopardy at the pump, simultaneously increasing prices and undermining purchasing power. Wages always lag behind price increases, making average Americans feel as though they can never quite keep up, never quite get out of debt. Not to mention the ripple effect of higher diesel costs on the trucking industry. When trucking and shipping is more expensive, everything is more expensive.”


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