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Just a quick note, Heather (Palin's sister) and her husband won't pay a cent of new taxes unless their service station is earning at least $250,000 per year under the Obama plan.  Does anyone believe, even with the price of gas, that such a yearly take is remotely possible.  Someone should talk to service station owners in a similar area to demonstrate that they certainly won't face tax increases and might possibly be elgible for tax cuts if they earn less than 75K.  I guess she left herself an out saying "How are they going to be any better off if taxes go up?"  But presumably she had to have been referring to THEIR taxes specifically given that otherwise the statement seems rather pointless.  Anyone care to investigate or to tell me that in fact their station is likely earning far more than I would imagine?

Originally posted to the pointy headed economist on Wed Sep 03, 2008 at 09:40 PM PDT.

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Comment Preferences

  •  You Are Correct. (0+ / 0-)

    Gas stations make more money off of junk food, beverages, and other crap. They might make a 1-3 cent profit on each gallon of gas they sell. I doubt many make an annual net profit of $250,000 or more. Maybe if you are located near a busy interstate exit.

    Owning a home is a success. Owning seven homes is excess.

    by kefauver on Wed Sep 03, 2008 at 09:45:59 PM PDT

  •  "Make" (0+ / 0-)

    Is that on sales or profits?

    just another liberal, anti-American, cutnrun combat veteran

    by Uncle Irish on Wed Sep 03, 2008 at 10:09:57 PM PDT

  •  Their profit is irrelevant (0+ / 0-)

    I think the point that should be made regarding this service station is that such a business is directly dependent upon an enormous network of socially funded roadways, and that such a, presumably, affluent business should of course pay more in taxes due to its reliance on the fruits of those taxes. Conversely, such a business were it to be less successful should have its tax burdened lessened because the social need for service stations along the nation's infrastructure outweighs the benefits of the tax increases that McCain would levy upon them with his plan and which would additionally discourage less profitable, family-run, ma-and-pop (insert buzzword of choice) service stations from operating.

    If Heather's joint does rake in less than 75 large for its owners to take home that's just icing on the cake.


    I've got an overload of bottomless thought right here in my left fist

    by Harry Tuttle on Thu Sep 04, 2008 at 08:14:13 PM PDT

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