Motor car fuel financial system is considerably better in Europe where gasoline taxes are increased and pump costs are more than double in the U.S. Gasoline taxes within the United States could be step by step elevated to European ranges over five or ten years. This would give automobile consumers and producers time to regulate …
Motor car fuel financial system is considerably better in Europe where gasoline taxes are increased and pump costs are more than double in the U.S. Gasoline taxes within the United States could be step by step elevated to European ranges over five or ten years. This would give automobile consumers and producers time to regulate to the upper prices. Economists additionally recognize that gas taxes are regressive, bearing most heavily on lower income residents. Moreover, higher gasoline taxes look like a non-starter, politically. Congress shows no enthusiasm for raising the gasoline tax, and President Obama has ruled that approach out as effectively.
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