Thursday, July 13, 2006
There is essentially nothing inconsistent with my ideology or prior remarks with having a gas tax. Or for that matter, a much broader consumption tax or a partially broader carbon tax. I have advocated it in prior comments. Savings and consumption are in direct competition. Disincentives to consumption provide incentives to saving. The more one saves the less one needs government. A liberty enhancing proposition. That said, adding the gas tax to current tax rates would simply increase government, a liberty diminishing proposition. I am sure you can partially offset an increase in gas taxes with a cut in income taxes.