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You are missing one big advantage of market based solutions. They raise revenue. For every dollar that is raised from taxing gasoline, is another dollar that c
by stale2002 8y ago
You are missing one big advantage of market based solutions. They raise revenue.
For every dollar that is raised from taxing gasoline, is another dollar that can be used paying for social programs or whatever.
- munificent 8y agoThis can also be a strong dis-advantage because they incentivize abuse. Look, for example, at civil seizure in the US. Police agencies are highly incentivized to do it since they get to keep the money, even when doing so is unjust. In practice, tax-based solutions have pros and cons and you need to think about the incentives and unintended consequences that they lead to on both the enforcement and citizen sides. Law-based solutions do too, of course.