TITLE

The Fifty-Cent Tax on Gasoline

AUTHOR(S)
Timberlake Jr., R. H.
PUB. DATE
October 1980
SOURCE
National Review;10/31/1980, Vol. 32 Issue 22, p1330
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article considers the proposal of adding a 50 centavo tax on gasoline by U.S. Representative John Anderson as of October 1980. The idea behind the proposal is to use the price system to force the public to conserve petroleum. This kind of tax is called sumptuary because its intent is to lessen gasoline consumption. This gasoline tax must be treated like a tax implemented on any other limited resources. However, no matter how small or how large this gasoline tax is, it will affect the economizing pattern in the U.S.
ACCESSION #
6069825

 

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