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  • Do Low Gas Prices Signal Big Bucks on the Horizon for GPS Manufacturers?  [View article]
    Two major error exists exists in the article. The first is that declining commodity price in gasoline causes a reduction in the tax earned by government. The tax on gasoline is per gallon for both federal and Virginia (in other words the government's collection of taxes does not go down when gas prices are low- in fact if people drive more and conserve less because of lower prices they are paying more in tax). Also has the writer ever heard of an odometer. As far as I know all cars foreign and domestic are required to have have one in the US. This can be used to determine miles traveled as easily as a GPS.
    Mar 09 07:27 am |Rating: 0 0 |Link to Comment
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