Gas Tax Holiday? Too Late For Jevic Transportation

Derided by both the left and the right as gimicky and a modern example of bread & circuses, the proposed gas tax holiday comes too late to save trucking company Jevic Transportation:

Citing high diesel and insurance costs and the economic downturn, Jevic Transportation of Delanco, N.J., said today that was ceasing operations after 27 years.

So, while we bicker endlessly about short term perceptions versus the long term implications of a TAX CUT...:

Call me a radical, but a tax is a tax. It’s my money being confiscated, and even if I get one penny of relief via baldfaced pandering, it’s still a victory.

It sickens me when conservatives ignore a cornerstone of our philosophy—tax relief—because they deem it “too small.” Weak.

...today's high fuel costs claim their first big victim. Congratulations!

Comments

[geoff]

It's not a meaningful tax cut when there is no concomitant spending cut. If a tax cut just means more borrowing, I'd say "no thanks."