Monday, October 31, 2005
Gas Taxes Grow Larger Than Profits: Not a Good Sign
Where the money you put in the tank goes, the taxprof has the skinny from the Tax Foundation:
[F]ederal and state taxes on gasoline production and imports have been climbing steadily since the late 1970s and now total roughly $58.4 billion. Due in part to substantial hikes in the federal gasoline excise tax in 1983, 1990, and 1993, annual tax revenues have continued to grow. Since 1977, governments collected more than $1.34 trillion, after adjusting for inflation, in gasoline tax revenues—more than twice the amount of domestic profits earned by major U.S. oil companies during the same period...
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Picture Test
MacArthur explaining to a skeptical Admiral Chester Nimitz why the Philippines needed to be liberated before the surrender of Japan.
At a July 1944 meeting with both F.D.R. and Nimitz in Honolulu, MacArthur made his case again and convinced the President that his strategy was correct. The result, one of America's finest moments: the liberation of the Philippines.
First Post
Hello, my name is Grant Jones and I live on the Big Island of Hawaii. I have been blogging for a year now at The 50th Star. I have decided that it is time for me to leave that group blog and go out on my own.
The content of this blog well pretty much be the same as what I've already done at The 50th Star. This will be a learning experience for me dealing with all the "housekeeping" involved with operating a blog. I intend to have a useful blogroll and comments as those things come. So please be patient and check back often as I plan to update several times a week.
Thank You.
The content of this blog well pretty much be the same as what I've already done at The 50th Star. This will be a learning experience for me dealing with all the "housekeeping" involved with operating a blog. I intend to have a useful blogroll and comments as those things come. So please be patient and check back often as I plan to update several times a week.
Thank You.
