When the demand is more inelastic, as it would be for fuel, the taxes need to be a lot higher to change your demand. I bet you would drive less if the gas tax was 500%.
> I bet you would drive less if the gas tax was 500%.
Possibly. But neither the article author nor anybody else is suggesting a 500% sales tax.
Moreover, super high sales tax that significantly reduces consumption directly conflicts with the original goal of taxes: to raise revenue for government services.
Possibly. But neither the article author nor anybody else is suggesting a 500% sales tax.
Moreover, super high sales tax that significantly reduces consumption directly conflicts with the original goal of taxes: to raise revenue for government services.