Thursday, April 26, 2012

Gas Taxes: Indiana Style

John Gregg, Indiana's presumptive Democrat nominee for Governor has recently announced his policies would include an attempt to permanently eliminate the Indiana sales tax (7%) on retail gasoline. 

While I don't necessarily think this is the most effective way to get money into the hands of Hoosiers, I'm really wondering what the environmentalist side of the Democratic party are going to think about this.   Just a few years ago there was a debate nationally about whether or not to increase gas taxes as a disincentive to CO2 emissions.   Many economists and environmentalists jumped on board with the idea (though I did not).

Heck, even embatted Republican Senator Richard Lugar wants to raise gas taxes!

It will be interesting to see how this plays out nonetheless.

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