cuban bob wrote: Our local NPR station had a big story on Monday about how this is killing the funding for highway maintenance.
This reminded me of Ken Burns' "Prohibition" when he taught how a potential loss in federal tax on alcohol was a major deterrent for enacting Prohibition--the Feds wondered how they could recoup losses if such a national prohibition law were to pass. But the 16th Amendment (Federal Income Tax) nicely solved that in 1913 and paved the way for the subsequent Volstead Act.
Beware any national energy tax to offset declining fuel tax revenues--it could be a prelude to a stricter prohibition on hydrocarbons.
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crossposted at Althouse
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Atlas Shrugged....
ReplyDeleteDo you mean that it's derivative of Rand? I've never read it...is Ken Burns' analysis derived from Ayn Rand too?
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