break that would allow businesses to deduct the full cost of any vehicle so long as that vehicle had a GVWR of at least 6000 pounds. That’s why you see so many businesses that have their company logo splashed up and down the sides of a 2008 Hummer H2.
When gas prices started going up under the Obama administration he had already taken care of the situation by urging the big three automakers to lighten up on the giant SUV game and focus on small cars. Gasoline consumption in the US has fallen by almost 7% in the last year and right now the high prices are 100% the result of oil companies engaging in a game of financial chicken to try to make Obama look bad and compensate for a very weak GOP field.
Now do you understand why we see high gas prices differently now than we did when Bush was President?
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When Gas Prices Spiked In 2008 Dubya Tried To Stimulate The Vehicle Market By Urging Congress To Pass A Tax?
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i guess things changed when bush left
I have never, ever seen a Hummer with a business logo. Never.
You know those big trucks that carry everything from food to clothing? The big trucks that plow snow and spread salt on icy roads? They burn gasoline.
You know those big machines that build roads and bridges? They burn gasoline.
Yup, they really do.
When gas prices double, how do you think their businesses are affected? What about local municipalities? How does that affect your local and state taxes?
You are not very bright.
Gas is projected to get up to $5 this summer
Was it ever that high under the Bush administration?