Here is another example of state reliance on gas tax revenues ... and a silly recalcitrance to raise taxes, any taxes, any amount as Kentucky politicians pull an all-nighter to agree on a budget (Bridges, gas tax ...): One unresolved iss...
Continue reading "A higher gas tax isn't a tax increase in Kentucky" »
Yesterday we mentiond the NYTimes gas tax poll, today Tom Friedman writes about it (Who's Afraid of a Gas Tax, $$$): My gut told me this was the case, but it's great to see it confirmed by the latest New York Times/CBS News poll: America...
Continue reading "Friedman follows up on the NYT gas tax poll" »
Jeffrey Frankel at Econbrowser:
World oil prices have been highly volatile during the last decade. Over the past year they have fallen more than 50%.
Should we root for prices to go up, down, or stay the same? The economic effects of...
I'm always on the lookout for reasons to advocate a gas tax. Sometimes it is a reach, sometimes it is not. Today, it is a reach: a gas tax can help reduce smoking.
Continue reading "Solution to the cigarette tax differential problem" »
Tom Friedman, in his NYTimes column from 9/21 (Bush's Waterlogged Halo, $$$), says:Imagine - I know it is a stretch - that the president announced tomorrow that he wanted an immediate 50-cents-a-gallon gasoline tax - the "American Renewa...
Continue reading "Tom Friedman's gas tax" »
An env-econ reader asks about a monetary estimate of the social costs of gasoline. I became excited about developing what is almost sure to be a somewhat bogus back-of-the-envelope estimate and using it as a front to pursue the gas tax p...
Continue reading "Social cost of gasoline" »
From Mike Moffat at economics.about.com:Oregon's Mileage Tax: A Truly Bad Idea
I try not to editorialize when I comment on public policy proposals. I try to give my readers the pros and cons of any potential new law and leave it up to t...
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I had the following conversation at the local Blockbuster recently:Employee: This is due back on Friday, but you know we don't have late fees anymore.
Me: So what happens if I bring it back after Friday?
Employee: You will be assess...
Continue reading "Gas Fees versus Gas Taxes" »
I'm angry. I can't believe we're right back where we were a year ago. Gas prices are rising and Congress is trying to do something about it. Eighty-two Democrats and 3 Republicans in the House have proposed the Federal Price Gouging P...
Continue reading "All politicians are idiots and other obvious thoughts on high gas prices" »
Marginal Revolution, with a free market bent, has over 4 million served, er, hits. Here is my most fav post (What about the budget?):Megan McArdle (what do you call her when Jane links to Megan? And can they have an infinite regress?) a...