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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (228033)4/7/2005 12:20:13 PM
From: TimF  Read Replies (3) | Respond to of 1573682
 
Yes, but all taxes penalize and reward. Taxes are by nature social engineering.

Taxes can have a very minimal social engineering aspect and its usually better that way.

Honestly, I don't see a downside... and I see a lot of benefits. The auto companies would certainly have to hustle and increase spending on R&D... and they are not doing great right now. The oil companies would certainly whine like crazy, but they are currently hoarding obscene profits. From a social benefit perspective (without even talking about pollution), I think it's a win win win proposition.

The main downside is that there is a real cost to reduce our oil use by 25%. If it was simple and obviously cost effective for the individual consumers of oil, than it would have already happened. The secondary downside is that the government becomes even more involved in controlling the economy. The further we go down that path the worse the long run results will be.

Tim