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Connecticut Senator Pushing for Gas Tax Cap [POLL]

State Sen. Len Suzio says, "It's time to put a limit on this nonsense." What do you think?

If one Connecticut senator has his way, you could be paying less tax at the gas pump soon.

State Sen. Len Suzio has reinvigorated his campaign to implement a cap on the gross receipts tax for gasoline, most recently during a visit to a Cheshire gas station on Monday.

The gross receipts tax on the wholesale price of gas is 7.53 percent, and that's on top of the 25 cent state tax on gas and 18 cents levied by Washington, according to CT News Junkie.

The problem with the gross receipts tax, Suzio says, is that the higher the price of gasoline the more state residents are paying in taxes. In fact, CT News Junkie reports, Suzio asserts that the state will be taking in 41 percent more than expected in the first six months of this year, due to that tax.

"You are paying 53 cents per gallon in state taxes on every gallon of gasoline you pump," the Republican senator writes on his website. "It’s time to put a limit on this nonsense!"

Here's his plan: "I will introduce a cap on the second hidden gas tax so that when gas prices rise above a gallon, this tax will not continue to increase. This should save as much as 10 cents per gallon immediately and could save even more if gas prices continue to increase."

Suzio, who represents the 13th District, is circulating a petition to have the issue debated on the House floor in the current legislative session, and is encouraging residents to sign that petition on his website.

Christine Sekelsky Hermes February 23, 2012 at 03:33 PM
Thank you Southbury Resident. I must mention that with VW's it is possible to turn them into "french fry mobiles", which in turn uses waste to fuel their vehicles. My best friend came out East from Aspen to buy one and drove it all the way back to CO. She hasn't had a problem with it. My husband owns a small business and we are unable to purchase something like that, but if we could, I would. If I could move back to a city, I would. We were able to walk or take buses, but at this point nothings selling. Smallminds would you like to buy my house?
captrips February 23, 2012 at 03:39 PM
I believe most Americans would sacrifice for the greater good when it's demonstrated that the sacrifice is truly warranted and part of a "fair game". That said, perform any small amount of research on: the history of the commodity markets and the current nature of those markets, the current workings of the U.S. Federal Government and the total ineffectiveness of Congress, the greed, manipulation and linkage between the large financial enterprises and the government and one might understand the lack of understanding by the electorate. Look at the S&L crisis of the late-80's, the currency crises of the late-90's, Enron, MCI and Tyco in the early-2000's and the creme-de-la-creme, the mortgage fiasco and financial meltdown of late 2008 and the pundits wonder why the electorate is up in arms? Link the mindset behind the aforemetioned events and some research on the ratio of oil contracts traded relative to the amount of oil contracts where someone actually takes delivery and you'll gain insight to exactly what's going on.
captrips February 23, 2012 at 03:39 PM
PART 2 - Remember at the height of the recent financial crises when the Administration had a regualtory group look at the role of speculation in the commodity markets and the recommendation was to put controls into the system to better link commodity trading to the original purpose of the markets, hedging for producers? NOTHING was adapted or instutituted. Wonder why? Look at who's in the top-5 contrubutors to key members of the House and Senate and to key, potential nominees of each party running for President. You guessed it, Goldman Sachs, the largest holders of oil contracts in the world. I could go on but you get the drift...Please note, I'm truly a "middle-of-the-road" individual who has voted for a Republican for President, 8 times since 1980. Hence, these aren't the rantings of a "Communist", Socialist, Liberal or Occupy Wall Street type. I'm merely one of the masses who is fed up.
Southbury Resident February 23, 2012 at 04:01 PM
Christine. I used to own VW Tdi (Diesel) it was nothing but problems. There is known issue with fuel pumps in those things and Turbos. Also soot cloggs them a lot. Once their are out of warranty repairs are super expensive and VW has horrible consumer service.. Last Diesel VW that was good was produced in 2000. Anything younger then that turns into money pit. Thats why they all end up in junkyards. Newer ones can not be converted to vegetable oil. Again different oil pumps and configuration. You are better off buying old Dodge pickup with Cummis or old Ford diesel and simply install secondary tank for veggie oil. I know plenty of people who did that.
Christine E. February 23, 2012 at 04:05 PM
Christine, I get where you're coming from. But let's be serious here. You're speaking as if every family has 4+ children. 5 kids? You're in the minority. Furthermore, I see families with 2 children driving around in their Tahoe's and Escalades...for what? Because they can. There are plenty of families that could easily fit their children in a nice, modest 4 door sedan but opt not to because SUV's are the trend. To make matters worse, I cringe every time I drive down the Merritt Parkway and see how many of these people can't keep their vehicles between the two lines.
g February 23, 2012 at 04:28 PM
The proposal is from a Republican, they couldn't pass a cold through the state legislature. Unless Democrats sign on, this is just noise, imo.
Walt February 23, 2012 at 04:42 PM
Bravo! Well said! Our wonderful oil companies also make more profit by selling to China and europe so that exacerbates shortage of supply here. Goldman and their ilk nearly destroyed the country, had the government bail them out and are proceeding with business as usual as they own the politicians.
DAY February 23, 2012 at 04:47 PM
Like I said: We do have a socialist president. Your wish has come true.
JM February 23, 2012 at 04:48 PM
"While I am not necessarily writing about the gas taxes, I wonder why it doesn't seem as if Windmills are acceptable to have on our properties." Christine - What we need are more durable batteries that can store power for long periods of time. A house with solar panels and long term storage batteries are great. Unfortunately, CT is not a good wind state. NW CT and the shoreline are ok for wind. Some of the largest solar installations in the world are in Germany, which gets just as much sun as CT
Walt February 23, 2012 at 04:48 PM
Can you imagine getting approval for windmills from the town of Monroe? The nimby crowd would go wild! Won't happen though, there is not enough sustained wind in our area to make it feasible.
captrips February 23, 2012 at 05:02 PM
Walt - Sure there is...witness most of our politicians! LOL
Ashleigh February 23, 2012 at 05:17 PM
Keeping your house at 60 instead of 75 is not going to cause illness largely due to the fact that cold DOES NOT cause illness.
Anonymous Coward February 23, 2012 at 05:38 PM
JM -- thanks for catching the math error. you are correct - my comment should have been million vs billion. The links I posted contain the exact numbers.
Jimmy Pursey February 23, 2012 at 05:56 PM
@DAY- (yawn)...actually, no we don't. We just have a president that's caused 23% of the population to go stark raving bonkers. Obama is BUSH LITE. Nothing more, nothing less. You people should pull yourselves together a bit, because you're in for four more years of him.
Christine E. February 23, 2012 at 06:00 PM
Southbury Resident, Can't have a smaller home with kids? What happened to the days of sharing rooms? Your remark about keeping it cooler is ridiculous, because you would likely be spending money on medical bills even if your house was warm and toasty. Wood Burning doesn't CAUSE asthma, it can trigger asthma attacks in people who already have it. My Ford Focus with regular tires has worked just fine, even in the 22 inches of snow we had last year. I think you're just being a little closed-minded. None of these things are things you CAN'T do, just things you aren't willing to do. Big difference.
Dr. Robin Appleby February 23, 2012 at 06:54 PM
John Hofmeister, former Pres. of Shell Oil predicted $ 5.00 a gallon gas for 2012. That means around $5 heating oil. Anything MANUFACTURED using petroleum (almost EVERYTHING) will be more expensive. Anything GROWN using oil (think plowing, seeding, fertilizing, herbicides and pesticides, harvested, dried, transported, refrigerated, cooked). Anything MINED or drilled for. The middle class is being crushed in this country. Check out my blog of October 20,2011..."The middle class is being crushed in this country." As people are losing their jobs and homes, as food and gas and heating oil are becoming out of reach. As families, single parents and our elderly are struggling harder every day just to survive, could someone please make the case how raising taxes on them helps them ?
QWERTY February 23, 2012 at 06:57 PM
NEWSFLASH, smaller homes don't mean greater savings in heating bills! Most homes are built with 2x4 walls which limit insulation ability and make for poor energy retention. Most homes are old, built during a time when people were flat out wasteful. Government should mandate that all newly construction homes be energy efficient. I shouldn't be restricted to brand new or newer homes simply to get energy efficient. It's damn near impossible to retrofit an older home with 2x6 walls or add extra insulation to an attic built with no clearance in mind.
DAY February 23, 2012 at 07:12 PM
I don’t pretend to be an expert on speculation, but the FTC concluded last fall that supply-and-demand drive gas prices, not speculative oil traders. The CFTC issued a report in July 2008 with the same conclusion. The CFTC also noted that speculators were short amid some big run-ups in oil prices over the years, which would have driven prices down based on the theory of speculation critics. One odd item: where futures trading is illegal—like for onions—price volatility tends to be greater than in commodities like oil. Are they lying? It seems to me that speculation gets attention when prices make politicians squirm.
Walt February 23, 2012 at 07:40 PM
Check out Mike Taibbis article on Goldman from the Rolling Stone a couple of years ago - google it
DAY February 23, 2012 at 07:55 PM
I remember that article. Taibbi learned what a derivative was and sprinkled the article with colorful terms like "Vampire Squid". It was entertaining, but Taibbi and Rolling Stone are generally not good sources for insight into the world of finance.
Jimmy Pursey February 23, 2012 at 08:57 PM
Taibbi is one of the best political writers in the US right now. For instance, this is spot on: "The reason 2012 feels so empty now is that voters on both sides of the aisle are not just tired of this state of affairs, they are disgusted by it. They want a chance to choose their own leaders and they want full control over policy, not just a partial say. There are a few challenges to this state of affairs within the electoral process – as much as I disagree with Paul about many things, I do think his campaign is a real outlet for these complaints – but everyone knows that in the end, once the primaries are finished, we’re going to be left with one 1%-approved stooge taking on another. Most likely, it’ll be Mitt Romney versus Barack Obama, meaning the voters’ choices in the midst of a massive global economic crisis brought on in large part by corruption in the financial services industry will be a private equity parasite who has been a lifelong champion of the Gordon Gekko Greed-is-Good ethos (Romney), versus a paper progressive who in 2008 took, by himself, more money from Wall Street than any two previous presidential candidates, and in the four years since has showered Wall Street with bailouts while failing to push even one successful corruption prosecution (Obama)."
SmallMinds February 23, 2012 at 09:00 PM
Smaller home most certainly cost less to heat. Less surface area on the outside and fewer cubic feet of air on the inside. It is just the laws of physics, that's all. Nothing more or less. You want to send your dollars to overseas oil Sheiks? Yes, you still have that right. Want to make you home more energy efficient? Double pane windows, plug the leaks, storm doors. Lower thermostat when you're not home, lower the thermostat while you sleep and use a small space heater in the bedroom(s). If you try to do it, you can do it.
HotfireXG February 23, 2012 at 09:30 PM
The Victorians once depended on whale blubber for lighting and heating - and fretted,about what might replace it. Human inventiveness rapidly provided an alternative. And policy-makers were once gripped by the constrained and volatile supply of saltpetre, the nitrate being essential to both feeding their populations and making gunpowder. Then chemistry came to the rescue. Of course a resource is a combination of things - the limits of human invention being just one.
Dr. Robin Appleby February 24, 2012 at 01:04 PM
Good morning G About the few cars with 2 people in them (11 %)...most were trucks or vans of men going to work. Also, a few women driving a child to school. I drove north from Brookfield to New Milford around 7:30 a.m. when they are all streaming to work. Having lived through the 1970s when there was carpooling, I was pretty amazed by how many cars had only one driver. I wonder at what price of gas, will people start to share rides ? Try counting the drivers/passengers some morning. As to breathing the wood smoke, you are very correct that there would be a lot of respiratory illness, exacerbated asthma, even increased deaths, from the smoke of a fireplace or woodburning stove. It is a trade off for warmth. However, the Yukon wood/oil furnace is in the basement. You have to install an 8 inch air duct from outside and drop it about a foot from the floor near the furnace. The air is taken in and sent up the chimney. No one that I know is as sensitive to wood smoke as my wife and she cant tell when it is burning. They report that by around the 1830s, that there was a real firewood crisis in New England. The forests had been stripped. Writers like James Kunstler (Kunstler.com) have predicted that in the future, as heating oil becomes expensive and possibly difficult to obtain, that the forests will again be stripped for firewood. If the woodlots are sustainably managed, it is said that you can obtain a cord of wood per acre each year. We shall see.
Concerned Brookfield Citizen February 24, 2012 at 02:32 PM
JM, I just did a little fact checking and there are,tolls in Virginia. Maybe not where you traveled. Now, some of these are bridges but since must states dump all of the toll money into one pot, road or bridge doesn't seem to make a difference. I am not disputing your other facts, just the Virginia tolls.
captrips February 24, 2012 at 02:59 PM
Wow...a former Big Oil exec who undoubtedly still holds stock options in Shell self-servingly predicts $5 oil. For anyone who has seen the movie Casablanca, it should remind us of the scene with the corrupt, Vichy police chief, Louis, in shutting down Rick's at the behest of the local Nazi utters the immortal phrase, "I'm shocke, shocked to find that gambling is going on here". Rick's croupier hands Louis his winnings from the casino to which Louis replies, "Oh thank you very much! Everyone out of here at once."
captrips February 24, 2012 at 03:13 PM
Day - I don't know if you agree with Taibbi's article or not. Everyone has to make up their own mind as to what to believe or not. I personally try to digest information from a variety of sources. I'm fiscally moderate and socially more liberal but would most likely be labeled a centrist. That said, because good reporting comes from a Rolling Stone reporter should not automatically disqualify it from intellectual consderation when forming a judgement. I read his book on the 2008 crash and while entertaining in terms of humor, it was well thought out and presented numerous facts. Moreover, his RS articles are similarly crafted. Of course anyone is free to believe anyone they want. It's just funny how Goldman Sachs alumni have begun to gain prominent positions in the federal government (Paulson, Geithner, Rubin, Friedman, Whitehead, etc) and most if not all of the practices that led to the 2008 Financial Debacle have yet to be addressed. Moreover, they led the "Too Big to Fail" remedies where certain financial institutions were told to acquire other institutions that were at risk for failure. And lest we forget the esteemed John Corzine who led GS, became a U.S. Senator, Governor of New Jersey and the head of MF Global which imploded and lost $1.2B of it's investors money. To which Corzine had no explanation to the cause of whereabouts of the money when questioned by Congress. If anyone truly believes that which we label "free markets" is truly free...
Po Murray February 24, 2012 at 04:17 PM
Please consider writing to the White House re: the oil prices: http://www.whitehouse.gov/contact/submit-questions-and-comments Also, contact your senators and congressmen. Joe Lieberman: http://lieberman.senate.gov/index.cfm/contact/email-me-about-an-issue Richard Blumenthal: http://www.blumenthal.senate.gov/contact/ Chris Murphy: https://forms.house.gov/chrismurphy/webforms/issue_subscribe.htm
Christine E. February 24, 2012 at 06:47 PM
Dr. Appleby, I don't think you understood g's play on your words. Of course the car only had 1 driver...there's only 1 driver's seat :)
captrips February 24, 2012 at 07:08 PM
Day - Good response but, as I recall, the CFTC findings were not as black and white as you stated. I seem to recall some sentiment that speculation was part of the issue. That said, a system that was created to allow producers to protect themselves has been bastardized to allow large financial firms to do nothing but spot trade on the contracts. I don't have the exact figures but a segment on 60 Minutes highlighted exactly what I'm talking about. They cited the fact that actual contracts traded relative to the actual contracts where delivery is taken by anyone has exploded over the past 10 years. Further, firms like Goldman not only trade the contracts but their advisory areas publish guidance that self-servingly affects the market whether the need to increase long or short positions. I'm not an expert either but this is hardly indicative of a free market nor does it appear ethical, albeit legal.

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