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You are assuming increased taxes from productivity/consumerism would affect the Department of Transportation's Budget. They overvalue fuel tax specially becaus
by ghostbrainalpha 7y ago
You are assuming increased taxes from productivity/consumerism would affect the Department of Transportation's Budget.
They overvalue fuel tax specially because a portion of it is earmarked directly to them.
This was real by the way, not just a libertarian talking point.
http://news.bbc.co.uk/2/hi/uk/7998182.stm http://news.bbc.co.uk/2/hi/uk/7998182.stm
- Xophmeister 7y agoShowing my ignorance, but I didn't even realise that tax revenue from a certain stream (e.g., fuel tax) went directly to the government department (e.g., DfT) that instigated it, rather than it being absorbed centrally by the treasury and then redistributed according to fiscal policy. That's interesting. Doesn't that mean that certain departments will be more flush with cash simply by virtue of attracting more tax? (...and, yes, it's upsetting that this happened in real life.)