Jimmy Carter Was Right

I thought that might grab your attention. I’m referring to one simple thing: a gas tax. Here’s an argument for why it makes sense. Money quote:

"Suppose a politician promised to reveal the details of a simple proposal that would, if adopted, produce hundreds of billions of dollars in savings for American consumers, significant reductions in traffic congestion, major improvements in urban air quality, large reductions in greenhouse gas emissions, and substantially reduced dependence on Middle East oil. The politician also promised that the plan would require no net cash outlays from American families, no additional regulations and no expansion of the bureaucracy."

Note that this proposal does not represent a net increase in taxation. It just shifts taxation around to encourage thrift and innovation. I fail to see why it’s so poisonous politically. But then I ride a bike and take public transportation. Yeah, I know: damn liberal.