FAQFAQ   SearchSearch  MemberlistMemberlistRegisterRegister  ProfileProfile   Log in[ Log in ]  Flint Talk RSSFlint Talk RSS

»Home »Open Chat »Political Talk  Â»Flint Journal »Political Jokes »The Bob Leonard Show  

Flint Michigan online news magazine. We have lively web forums


FlintTalk.com Forum Index > Political Talk

Topic: Remember when gas was 79 a gal now thats the tax.

  Author    Post Post new topic Reply to topic
twotap
F L I N T O I D

Truth In Politics: Illinois Gas Prices And Taxes
Reporting
Mike Flannery CHICAGO (CBS) ― Tired of seeing the price at the pump jump every time you need to buy gasoline? Well, the record-high price of gasoline in the Chicago area is linked to a record-high rate of taxation: nearly 20 percent of the Chicago price.

As CBS 2 Political Editor Mike Flannery reports, tax refugees wait in long lines on Indianapolis Boulevard in Northwest Indiana. They jockey for position at a pump, lured by prices that are 20 cents a gallon or more cheaper than just a few blocks away back in Illinois.

"It was $4.20. I can come over here and get it for $3.93," said Tikvah Wadley, one of the many fleeing Illinois taxes.

Illinois Sen. Dick Durbin complained to oil company bosses at a hearing on Capitol Hill about Chicago having the highest gasoline prices in the United States. Largely ignored was the role taxes are playing -- an astounding 10 levels of taxation.

"Does it trouble any of you when you see what you're doing to us?" Durbin asked..

In the city, Motor Fuel Taxes originally for building roads currently go to the Feds, Illinois, Cook County and Chicago. The 9.25 percent sales tax is split among Illinois, Chicago and Cook County's share of the state sales tax; a county home rule tax; RTA transit tax and a Chicago home rule levy.

The watchdog Civic Federation says that on a $4 gallon of gas, the total tax is 79.2 cents. That compares to 77 cents in Los Angeles and 65 cents in New York City.

"Every time the price of gas goes up, the tax goes up with it," said one motorist.

And that, of course, is exactly the point for the politicians. Gov. Blagojevich, for example, is counting on the high price of gasoline to bring at least an extra $220 million in the State Treasury in the fiscal year that begins this July. Most of that will be used to balance the way-out-of-balance budget.

_________________
"If you like your current healthcare you can keep it, Period"!!
Barack Hussein Obama--- multiple times.
Post Thu May 22, 2008 8:03 pm 
 View user's profile Send private message Send e-mail  Reply with quote  
tricky mutha
F L I N T O I D

Yet as Bill Maher said- “when you ride alone, you ride with Bin Laden.”

_________________
"Wherever there's a cop beatin' up a guy, I'll be there"- John Steinbeck
Post Thu May 22, 2008 9:17 pm 
 View user's profile Send private message  Reply with quote  
twotap
F L I N T O I D

I got that covered cause this little girl is always riding shotgun.

_________________
"If you like your current healthcare you can keep it, Period"!!
Barack Hussein Obama--- multiple times.
Post Fri May 23, 2008 7:36 am 
 View user's profile Send private message Send e-mail  Reply with quote  
  Display posts from previous:      
Post new topic Reply to topic

Jump to:  


Last Topic | Next Topic  >

Forum Rules:
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum

 

Flint Michigan online news magazine. We have lively web forums

Website Copyright © 2010 Flint Talk.com
Contact Webmaster - FlintTalk.com >