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Kerry's Gas Tax Increase Calculator

Contributed by mm | April 14, 2004 06:25 AM PST



GeorgeBush.com put together this calculator to illustrate how much one will pay because of John Kelly's proposal of 50 cents/gallon gas tax increase. According to the calculator, I would pay $337.96 more under Kelly's administration.

If you don't regularly track your daily expenses like gas, this calculator may serve the purpose to get you a quick estimate of your annual gas cost. Note it is kind of tricky that the calculator asks for your weekly driving distance. I originally put an estimate of my annual mileage and the result scared me to death :-)

By all means, any gas tax favors the riches, because it is not easy to cut much auto usage. Kelly's proposal seems to be contradictory to his aim to reshuffle the income tax system by unwinding the Bush tax cut for people earning more than $200,000 per year.

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Read More ... 41 Posts In The Same Category

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05/24/05 | Flexible Spending Account Gets More Flexibility | (2)
04/16/05 | Personal Finance Savviness: Bush vs Cheney | (5)
03/06/05 | How Do Your Deductions Stack Up?
03/05/05 | Yes, Bigger Refund This Year. But Is It A Good Thing?
03/03/05 | Taxes Become Counterintuitive | (2)
02/24/05 | Fear Of Tax Audit? File An Extension | (1)
01/23/05 | Be On The Lookout For These Tax Statements
01/17/05 | Don't Scream 'Audit Me!'
01/14/05 | January Tax Prep Tips
12/18/04 | Sales Tax Deduction Details Released
12/08/04 | Top Ten Tax-Complex Corporate Actions for 2004 | (1)
11/30/04 | 8 Profitable Year-End Tax Moves
11/22/04 | State Sales Tax Deduction: What's Next?
11/13/04 | Taxes and Consequences: The Second Term Begins
10/21/04 | New 401(k) and Social Security Tax Limit
10/21/04 | Should We Trust Roth IRA? | (1)
10/09/04 | State Sales Tax Deduction Closer to Reality
10/06/04 | Preparing for Tax Year 2005
08/25/04 | Bush vs. Kerry On Your Tax Bill
08/09/04 | No $400 Advance Child Tax Credit This Year
08/05/04 | IRS Publication 15 and Income Tax Withholding
07/01/04 | Do You Live in a Tax-Friendly State? | (1)
06/23/04 | Kiplinger's Tax Map
06/23/04 | State Sales Tax Deductibility for Residents of WA and Six Other States
04/19/04 | John Kerry's Tax Hypocrisy
04/15/04 | The Growing Class of Americans Who Pay No Federal Income Taxes
04/14/04 | The President's Tax Return
04/04/04 | Top 10 Most Unusual Sales Tax Laws for 2004
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