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Monday, January 08, 2007

Bush's Pigouvian opportunity

It is no surprise that in order to pay for massive increases in federal spending (think Iraq and drug payments) Bush will raise taxes. If Bush is smart (stay with Kitchen Linker; even a broken clock is smart twice a day) he would use this "opportunity" to join the Pigou Club and increase the federal gas tax.

Dear GWB,

Extending the payroll tax will not contribute to your legacy. Taking the first step to efficiently save the planet from climate change will. You decide.

Kitchen Linker

p.s. Top Democrats have good ideas on tax simplification that should be bipartisan. Work with them.

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