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Metalworking (rec.crafts.metalworking) Discuss various aspects of working with metal, such as machining, welding, metal joining, screwing, casting, hardening/tempering, blacksmithing/forging, spinning and hammer work, sheet metal work. |
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How to REALLY cut US taxes
Ed Huntress wrote:
wrote in message ... In misc.survivalism Ed Huntress wrote: If it takes a 20% rise in gas prices to cause a 0.25% increase in mass transit ridership, it's going to be a slow process. g Nevertheless, there are a lot of people trying it out. We'll see how long they stick with it. I think that the ratios will change; I doubt that this is a linear phenomenon. Oh, I'm sure you're right. If it is linear, gas prices will have to average $14.68/gallon to produce a 5% conversion of commuters from driving to mass transit. d8-) I also doubt that the price elasticity of gasoline is infinite, except for those who live in a subdivision off of a highway. Those folks are screwed. They will pay whatever it costs for necessary driving, or they will will move, or they will increasingly drive lightweight econoboxes. I suspect the lightweight cars in most cases. But many of them won't be econoboxes. When I was between the ages of 17 to 25, my heaviest car weighed 1850 lb. A couple of them, like the aluminum-bodied AC Aceca, were far from being cheap. But I wish I had a couple of them back. I expect you do as it's most likely worth quite a bit of money if it still exists. I met a guy recently that had an AC Ace that he and his brother had beautifully restored. He didn't know what it was worth but did say that he paid about £35k for the unrestored car. -- Ed Huntress |
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