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To: ChanceIs who wrote (93485)11/13/2007 12:39:51 PM
From: KyrosL  Respond to of 206093
 
OT Anything that results in a big increase in the price of gas without resulting in a corresponding increase in net government revenue is fine with me. I love Australia's approach to social security.



To: ChanceIs who wrote (93485)11/13/2007 5:02:27 PM
From: Keith J  Read Replies (3) | Respond to of 206093
 
Chancels,

A gasoline tax does several things that IMHO are or could be beneficial:
1) provides funding for road maintenance and construction, and limited funding for mass transit (which you should know is needed in the DC area).
2) works as an import tax for imported petroleum - perfectly legal, as not preferential to domestic products and not subject to WTO. Reduced petroleum imports would reduce our trade/current account deficits.
3) reduces gasoline consumption and associated carbon emissions - which has potential benefits.
4) could provide a dedicated source of funding for development and implementation of energy alternatives.

KJ