George Will points out the Posturing At the Pumps.
While oil companies make about 13 cents on a gallon of gasoline, the federal government makes 18.4 cents (the federal tax) and California’s various governments make 40.2 cents (the nation’s third-highest gasoline tax). Pelosi’s San Francisco collects a local sales tax of 8.5 percent — higher than the state’s average for local sales taxes.
If the do-nothing Congress really wanted to help ease the pain of gas prices, they’d cut the Federal gas tax.
