Wednesday, May 07, 2008

Today, I decided I would see what it would be like to actually go on a gas tax vacation. I crunched all the numbers, did all the equations, calculated the interest and added in the inflation, and figured out exactly how much money I would save this month, if this was implemented today. Then I went out and spent that money. While originally I thought it was a dumb idea, I now I might have to think twice.


Take a look at everything I bought (and I even had some change left over):



That's right. I would save $5.76. Enough to buy a Whopper Combo, but not King Size, and no cheese. Then again, I barely drive, and when I do, its a small, 4 cylinder, Nissan. I called my brother up, who has a 1 hour commute to work in some behemoth vehicle. He said that on average he goes through about 72 gallons of gas a week. For him the "Gas Tax Vacation" would add up to about $50 a month, assuming that the oil companies didn't increase the costs as a result. His gas tank holds 24 gallons, and the month of "savings" wouldn't even buy him an extra tank.

What would you do with your gas tax vacation?

2 comments:

LGA said...

Great picture! Keep up the good work!

Unknown said...

I'm glad you didn't spend it all in one place

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