A hefty gas tax would initially be paid by American drivers. But as Americans became more fuel efficient as a result of the tax, the tax would be paid by oil producers. Read about tax incidence.
So the U.S. can replace taxes on goods with taxes on bads, save the environment, and make American foreign policy enemies pay the tax!
Kitchen Linker asks: Why are we not doing this already!?
Blogs, environment, politics, technology and the kitchen link, often all in one post!
Saturday, January 27, 2007
Tax Saudi Arabia, Iran, and Venezuela
Labels:
economy,
environment,
foreignpolicy,
iran,
oil,
pigou,
politics,
saudiarabia,
tax,
venezuela,
wtf
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