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Re: The price of gas is BS

Thank you Hal!

Re: The price of gas is BS

Oops, Hal that post was a response to your prayers. Thanks again!!!

Re: The price of gas is BS

Nothing new Chuck but thanks for the reminder.

We're at 3.80/gallon in CT and .30 cents less in MA at 3.50. I can drive five miles and save .20 cents in RI...

The fix has been in for years.

Re: The price of gas is BS

How about $4.259 for a gallon of regular gas in Eureka, Ca

Re: The price of gas is BS

$3.74 per gallon in Key West, Florida today!

Re: The price of gas is BS

Riddle me this...The Federal Tax of 18.4 cents per gallon is collected in all states in addition to any state or local taxes on gasoline sales. Here in Washington State: 28 cents per gallon. Wisconsin is the highest at 32 cents per gallon.

Some states charge a tax similar to a sales tax in that it applies to the monetary amount of the gasoline sold. Other states allow local communities to levy gasoline taxes in addition to any state taxes that might be levied.

So on base, why do we pay tax on gasoline at a NEX pump but are supposed to be tax-exempt? Never could figure that one out.

Re: The price of gas is BS

$3.86 around Chicago area...

Re: The price of gas is BS

Chuck,
The CPI does include food and fuel, it is just weighted to favor various "norms" that we both disagree with. It isn't a COLA like we had on active duty:

"What goods and services does the CPI cover?

The CPI represents all goods and services purchased for consumption by the reference population (U or W) BLS has classified all expenditure items into more than 200 categories, arranged into eight major groups. Major groups and examples of categories in each are as follows:

FOOD AND BEVERAGES (breakfast cereal, milk, coffee, chicken, wine, full service meals, snacks)
HOUSING (rent of primary residence, owners' equivalent rent, fuel oil, bedroom furniture)
APPAREL (men's shirts and sweaters, women's dresses, jewelry)
TRANSPORTATION (new vehicles, airline fares, gasoline, motor vehicle insurance)
MEDICAL CARE (prescription drugs and medical supplies, physicians' services, eyeglasses and eye care, hospital services)
RECREATION (televisions, toys, pets and pet products, sports equipment, admissions);
EDUCATION AND COMMUNICATION (college tuition, postage, telephone services, computer software and accessories);
OTHER GOODS AND SERVICES (tobacco and smoking products, haircuts and other personal services, funeral expenses).

Also included within these major groups are various government-charged user fees, such as water and sewerage charges, auto registration fees, and vehicle tolls. In addition, the CPI includes taxes (such as sales and excise taxes) that are directly associated with the prices of specific goods and services. However, the CPI excludes taxes (such as income and Social Security taxes) not directly associated with the purchase of consumer goods and services."

Rick

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