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October 08, 2026
The Morning Rant
Cutting taxes is always...ALWAYS...a good idea. The leviathan needs to be fed to live, and cutting taxes decreases what our feckless and cowardly legislators can spend.
Except...it doesn't. they are happy to spend money we don't have, simply by borrowing from the world. And $40 trillion later, that is one hell of a bill coming due.
Trump Says He Is Considering Suspending Federal Gas Tax
In an Oct. 5 post on Truth Social, he said, "What's driving up Gasoline is no longer the Strait of Hormuz, because Record Numbers of Barrels are coming out now on an almost daily basis, but the word, 'Refineries,' where Russia's are being blown up by Ukraine, and where ours are being closed up, in Blue States, like California."
The federal gas tax is 18.4¢/gallon, which yielded about $25 billion in 2025. That's not a small amount of money, but the economic benefit of cheaper gasoline might make up for some of that tax loss.
As for the refinery crisis in America? Yes, and we should have been building them for the last 40 years, but thanks to the watermelons in almost every state, and onerous and restrictive federal regulation, building a refinery is a huge undertaking. California has been closing refineries since the 1980s, and America has lost about 10 refineries just this decade!
Perhaps President Trump can nationalize the recently closed refineries in California in the interest of national security. And fast-track the expansion of existing refineries and the building of more in red states that are amenable to high-paying jobs.
To be fair, American refineries have become more efficient and have expanded production significantly, so the raw number looks worse than it is. But spreading production around the country is a good idea, simply to make sabotage of our refining capacity a more complex operation.
And of course the delightful bonus of stick a thumb in the eye of the rabid environmentalist left never gets old!
[Crossposted at CutJibNewsletter and X/Twitter]. And if you folks who are on X/Twitter would follow me it would be much appreciated!