Archive for January, 2009

A sliding petrol tax makes practical and economic sense How do we get it to make political sense

Posted by Paul 14 January 2009

A Brookings Institute article on the 14th January 2009 (http://www.brookings.edu/opinions/2009/0106_oil_cycle_bordoff.aspx?emc=lm&m=221225&l=66&v=1030926) suggests that a sliding petrol (gasoline for our American readers) tax would stop the boom bust cycle in oil pricing and provide economic certainty. The way that this works is to put a sliding tax on petrol so that the tax is higher when the [...]