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INTC 36.15-0.6%Dec 24 12:59 PM EST
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To: Robert Salasidis who wrote (182529)11/4/2005 7:11:41 PM
From: Dan3  Read Replies (2) of 186894
 
Re: Taxing gasoline or petroleum products only serves to make the local economy less competitive vs other less taxed jurisdictions.

Almost every other developed country in the world taxes imported fuel at a much higher rate than the US. The reasoning behind this is that there are externalities which are not captured by the market (I believe it can be argued both ways).

It would probably be a good idea if the US taxed imported fuel at a rate commensurate with its impact on our national security.

Just IMHO
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