As this nation continues to steer towards the fiscal cliff, which is just 34 days away now, some are suggesting that lawmakers should put the "Gas Tax" on the negotiation table. Will this help raise much needed revenue, or hurt consumers at exactly the wrong time?
Daniel Altman is an adjunct associate professor of economics at the New York University Stern School of Business.
Could end up being really regressive. Unlike an excise on soda or cigarettes, most folks in places w/o efficient urban mass transit available can't really choose *not* to drive to work. And ironically those few who do have the option of working from home or "flex time" are usually working in high-level professions that allow for that benefit.
"You are not supposed to be at the gas station making life decisions... You're standing at the pump wondering, 'Did I eat today?'" (Katt Williams)
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