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Posts Tagged ‘tax cuts’



Tax cuts instead of public transportation in Obama’s stimulus package

By Simon Leufstedt on January 26th, 2009

Obama Stimulus PackageJust days after his inauguration it seems we will see the first letdown from President Barack Obama. In the stimulus package, proposed by Obama, which is designed to ease the financial crisis only 18% of the money will go to infrastructure, such as public transportation systems and a more modern and energy efficient electrical grid.

It seems that Obama in a foolish effort to please the Republicans have agreed to allow over 30% of the stimulus package to go towards pointless tax cuts. Democrat Peter DeFazio, of Oregon’s 4th Congressional District, interviewed by Rachel Maddow puts the blame on the Republicans and Lawrence Summers, Obama’s own adviser:

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A Picture is Worth… Gasoline Consumption Per Day

By Simon Leufstedt on April 30th, 2008

In light of the Clinton-McCain gas tax holiday proposal I think this statistic (shown after the jump) from the Economist and BP Statistical Review of World Energy 2005 should be highlighted.

The image shows gasoline consumption per day around the world. It shows that the USA is consuming more gasoline than 20 other countries do together, every day.

If there is anyone that should get tax cuts it’s the people who buy small and fuel-efficient vehicles. Or even better, the people who use public transportation instead.

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