If New York Times columnist Thomas Friedman has his way, gas taxes will go up. Way up. He wants to slap an additional $2.40 per gallon in taxes on top of the 18.4¢ you already pay.
“Today’s financial crisis is Obama’s 9/11,” Friedman wrote. “The public is ready to be mobilized. Obama is coming in with enormous popularity. This is his window of opportunity to impose a gas tax. And he could make it painless: offset the gas tax by lowering payroll taxes, or phase it in over two years at 10 cents a month.”
Do the math. 10 cents a month for two years. That’s an additional $2.40 per gallon.
Of course, that probably won’t bother Friedman. He married into a very wealthy family, reportedly lives in an 11,000 sq ft mansion on a lovely 7-1/2 acre estate in Bethesda, Maryland that’s valued at nearly $10,000,000.
This post was last modified on July 26, 2009