 | SER-2 [02] Memo on the Security and Solidarity Action Plan | The Oil Drum: Europe | Advice To Pres. Obama (#3): Change you must |  |
116 comments on Do you agree that President Obama should significantly raise US gasoline taxes during his term in office?
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116 comments on Do you agree that President Obama should significantly raise US gasoline taxes during his term in office?
Comments can no longer be added to this story.
| Show without comments | PDF version
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That's really easy: it has to be rebated on a per capita basis, both to defuse anti-tax objections; to eliminate drag on the economy; and most importantly, to make it politically possible to pass it!
As it is, Obama has said it's not politically possible right now, what with the credit crunch and the upcoming taxcut stimulus. It has to be rebated to have any chance at all...
That's how those socialists in Alaska do it. The Alaska Permanent Fund gives a flat per capita dividend to every state resident. That's pretty good political cover for a tax and dividend plan.