"BLACK TAX"

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Gas prices up 600% in 8 years: The Insidious Hidden Tax

According to author and CEO Craig Smith, "Black Gold is headed for $60 a barrel --that's approaching a 600% increase since 1997 -- which will have a major impact on the economy and financial markets in 2005 and beyond."

Craig warns: "Rising oil and gas prices represent a hidden tax on EVERY American by sucking away buying power out of our consumer-based economy, which hurts middle and lower income citizens the most -- and $5 a gallon gas is not too far around the corner." He is currently conducting talk show interviews on this subject.

Craig Smith has been warning Americans for years that we are in the midst of a "black gold stranglehold" by terrorist-supporting Mid-East countries represented by OPEC.

He says, "Hawaii consumers pay more than $210 million in gasoline taxes each year: $70 million in federal gas taxes, $60 million in state gas taxes, $20 million in general excise taxes and $63 million in county gas taxes."

The statistics were produced by the State Department of Business and Economic Development and you can find them at this website:
Tough Questions

The national average is $.42 cents per gallon! Nevada and California rank 2nd and 3rd behind Hawaii in padding gas prices with the highest State gasoline taxes.

See where your state ranks at:
Gas Taxes by State

"Every time gas goes up by one penny, it drags $14 billion a year from consumer spending. So we're getting double whammied with higher Federal, state and municipality taxes -- on top of rising gas prices. It's all part of what I call 'The Hidden Black Tax.'

"Could U.S. gas prices rival Asia and Europe of $4-$5 per gallon? "Yes, says Craig Smith. "It's a simple supply-demand issue: China and India are sucking up the world supply...which drives prices up... fueling runaway inflation... which threatens to crush your investment strategy, unless action is taken now!"

Craig R. Smith's financial, political and geopolitical expert advice has been sought by many including all the top-rated TV and cable channels and newspapers.

Craig is a financial analyst, author, lecturer and president of Swiss America Trading Corporation, a brokerage firm specializing in tangible assets, established in 1982.

He has written numerous financial articles and books. In 2002, Mr. Smith published the 20th Anniversary Issue of "Real Money Perspectives" which was written to help investors navigate the uncertain economic and market conditions that have caused over eight trillion dollars in equity losses since the bull market in stocks ended in March 2000.

This 32-page financial journal features over a dozen perspectives on preserving wealth in the 21st century.

You can get a copy of this resource free by making a toll free call to Craig's office at: 800-289-2646.

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