May 18, 2011

SO THEY WANT TO STOP FORCING INCREASED EFFICIENCY?:

Forget the gas tax; a driving tax may be next (Steve Hargreaves, May 18, 2011, CNNMoney)

Because greater fuel economy is letting motorists drive more miles using less gas, the current gas tax that funds the federal government's efforts to build and maintain highways isn't generating enough money.

A driving tax, officially known as a "vehicle miles traveled" tax, could close that gap.

While many see a driving tax as more efficient than the gas tax, there are privacy concerns over how driving information would be collected.


Obviously all motorists should pay for the externalities, but gas taxes are producing exactly the sort of innovation we want. Higher ones will produce more.


Posted by at May 18, 2011 5:44 AM
  

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