Tuesday, June 17, 2008

Gas Taxes


Following the lead of Charmas Friedhammer, the New York Times opines,
Expensive gasoline is not good news for most American families. In some rural areas where people must drive long distances, and a pickup is more of a necessity than a lifestyle choice, filling up the tank can eat up nearly 15 percent of a worker’s take-home income. Pricey gasoline is acting as a brake on the economy and pushing up the price of food and other goods.

Still, Americans’ response to rising gasoline prices makes an excellent case for a gas tax. It proves that drivers will change their behavior in response to high fuel prices. And even if Detroit doesn’t buy global warming, drivers can help persuade it to embrace fuel efficiency.
Right. Because there's no better time for new, regressive taxation than when working Americans are already struggling.

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