24 Jun '11, 6pm

A Conservative's Case for a Gas Tax

Just to be sure readers are up to date on your proposal for a gas tax, has your conception changed at all or is it still basically revenue neutral, compensated by payroll tax reduction? A. There’s been no change in my views whatsoever. My only regret is that it wasn’t instituted when I proposed it, when gasoline prices were a dollar less than they are now. That dollar could have by now been going back into the U.S. economy as a net zero gas tax instead of going overseas — as that dollar is now. Q. Do you see any need or sense in doing the same with other fossil or finite energy sources (e.g., coal)? A. No. We don’t import coal. Q. There are other proposals to use a very modest tweak in fuel taxes to boost basic research and development funding aimed at expanding nonpolluting energy options (nuclear, solar, storage, etc) — an arena that has been unbelievably underfunded for...

Full article: http://dotearth.blogs.nytimes.com/2011/06/24/a-conservati...

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