MOLI VIEW™

Just how bad an idea is the gas tax holiday being proposed most prominently by John McCain and Hillary Clinton? Well, it raised the ire of NY Times columnist Thomas Friedman, but that's certainly no surprise. No, Dick Cheney, the reclusive Vice-President, has actually said that the idea of a gas tax holiday is "a false notion, in the sense that you're not going to have much of an impact, given the size of the gasoline tax on the total cost of the gallon of gas." If Dick Cheney doesn't like the idea of lowering a tax, it must be a truly bad idea.

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