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Tuesday, May 02, 2006 |
By the way |
I'm glad the public called the Republicans on their stupid "here's $100, aren't we great" gas-tax relief plan. The Democrats' plan for a "gas tax holiday" is equally stupid and pandering.
What should we do? Expand clean energy related tax incentives to the exact tune of how much extra in gas tax the government is receiving over say two years ago. The price of gas should be allowed to go up (and I'd argue should be taxed higher) to penalize for the environmental and geopolitical impact that our consumption of oil has. But we should try to combat the regressiveness of the tax (for example on people that can't afford to live close to where they work) by expanding tax breaks in other areas. |
posted by CB @ 6:16 PM |
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