The average fuel economy of new vehicles rose 6% in 2012, and cars are expected to use less and less gas going forward. Isn’t that a good thing?
gas tax
5 Hypothetical New Taxes That Americans Actually Support
If ever there was a truism, it’s that everybody hates taxes—this week especially. Or do they? In at least a handful of situations, a surprisingly large portion of Americans favor introducing new taxes or jacking up the rates on …
How your excise taxes compare to mine
As you may have noticed, most states are finding themselves in fiscal straights. States took in $87 billion less in tax revenue between October 2008 and September 2009 than they did in the prior 12 months, according to the Center on Budget and Policy Priorities. That has led to all sorts of service cuts and tax hikes. This weekend I …
Is it time to raise the gas tax?
Back in 2008, when Barack Obama was running for President, he took a politically unpopular stand on the gas tax. Both John McCain and Hillary Clinton were calling for a gas-tax “holiday” to stimulate the economy. Obama took the side of most economists (not to mention our very own Justin Fox) in saying that a lower gas tax might play well …