Agreed

Reader comment on: Friedman on a Gas Tax

Submitted by ben (United States), Feb 23, 2011 10:48

Friedman's mention of the Chevy Volt confuses his point. The beauty behind a gas tax is that it is a free market solution. People can still choose to buy gas at the higher price if that is what they want. However, the higher tax will recover some of the negative effects of our dependence on fossil fuels including global warming, having the Navy positioned in Bahrain to keep the straight of Hormuz open, urban sprawl and the costs of building and maintaining highways to sparsely populated areas and so on. Having higher gas prices does not by definition mean we need to makeup in the production in other areas. If people use less, we need to produce less. This is an idea that has support on the left and right (Krauthammer wrote the same idea a couple of years back).


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Other reader comments on this item

Title By Date
Friedman's grasp of microeconomics [69 words]Fred Van BennekomFeb 24, 2011 07:16
you are right [7 words]andyFeb 23, 2011 19:48
what is the real price of gasoline [142 words]scottFeb 23, 2011 16:52
⇒ Agreed [140 words]benFeb 23, 2011 10:48

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