A Democrat not listening to economists? What a shock. Of course, Hillary's plan (holiday for the gas tax over the summer) is the same as McCain's.
On the other hand, Obama's windfall profits tax is the same as well. Of course, when the price increase is passed down, the strategy is the same: rebates back. Whenever politicians suggest taxing one group and subsidizing another, we end up hoping to equalize the effect but they get the added votes and bribe money, er, campaign contributions from the other group.
Further note: I couldn't make this up if I tried but now we've got more than two-hundred and thirty economists all saying how stupid the gas tax holiday plan is. I swear, I couldn't get five economists in my class to agree on anything but knowing politics, we'll have a holiday for the summer.
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