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  Bloomberg: Clinton-McCain Gas Tax Break Is the 'Dumbest Thing'
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Last EditedRP  May 01, 2008 03:16pm
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News DateThursday, May 1, 2008 09:00:00 PM UTC0:0
DescriptionMichael Bloomberg said giving drivers a break from the gas tax is “the dumbest thing I’ve heard in an awful long time.”

I asked him about it right after he delivered his executive budget at City Hall just now.

He said, “It’s the dumbest thing I’ve heard in an awful long time from an economic point of view. I don’t understand why you think there’s any merit to it whatsoever. We’re trying to discourage people from driving and we’re trying to end our energy dependence. We don’t do that -- oh, and incidentally, we’re trying to have more money to build infrastructure. All three of those things go fly in the face of giving everybody $30 a year. The $30 bucks is not going to change anybody’s lifestyle. The billions of dollars that we would otherwise have in tax revenues can make a big difference as to what kind of a world we leave our children.”
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