100% Political Pandering

I case you've been living under a rock somewhere, gas prices have been high. The national average these days is hovering around $3 a gallon. There are a lot of people unhappy about that and a lot of politicians that are up for re-election this year.

If you've read some of my previous posts you'll understand that I believe one of the two main objectives of tax legislation today is to buy votes. This plan is a perfect example of that.

Here are other people's thoughts on the idea:

"100 percent political pandering."
- John Berthoud, National Taxpayers Union

"One of the dumbest ideas of the year."
"Simply a please-vote-for-me-in-November payment."
- Jerry Taylor, Cato Institute