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And since cars increase economic productivity, car insurance should be subsidized.
by kelipso 3y ago
And since cars increase economic productivity, car insurance should be subsidized.
- avidiax 3y agoThe status quo is not that the insurance is subsidized, however. The negative externalities are being born by individual victims. A subsidy would be that the government pays for all those unfunded individual externalities out of taxpayer money, which means that every driver has effectively infinite coverage but pays only the state minimums.
- dzhiurgis 3y agoState insurance tax would be nice, but only cover to median car amount. Everything over it - insure yourself if you wish to.