Raise the gas tax, please!

Inogenius · 12-12-2008, 06:53 PM

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Originally Posted by Assassin™
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...an overall increase in the population does not translate into a congruent increase in the driving populace. That 2.5m increase obviously includes newborn babies, etc, who wouldn't be driving.

Right. But babies born in 1991 would be turning 16 now, which is the typical driving age. Since for the past 20 years there's been approx. 2.5 million more people born than those who died, that would mean there's potentially an increase of up to 2.5 million more people on the road, right?

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And to the point expressed somewhere in this thread previously about government tax revenue, if the tax is increased so much that it has a noticeable effect on demand, then consumption will obviously go down as well, which translates into not much of a change in tax revenue. A substantial increase in gas tax would kind of cancel itself out.

Now that sounds like support for republican-onomics right there with the Laufer curve!

Inogenius · 01-17-2009, 05:09 PM

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Goodness knows, President-elect Obama has his legislative hands full. Maybe that explains why he has taken the idea of increasing gasoline taxes off the table, saying that Americans had enough economic burdens at the moment. Nominees like Steven Chu, the Nobel Prize winning physicist who will become Energy Secretary, dutifully echoed Obama's view even though in Chu's case he has long supported higher fuel taxes.

It's a no go
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Raise the gas tax, please!

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