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Gas tax is politically toxic. But maybe an excise tax on oil profits? (If you could come up with a Constitutional way to tax only energy exports, that would be
by JumpCrisscross 6mo ago
Gas tax is politically toxic. But maybe an excise tax on oil profits? (If you could come up with a Constitutional way to tax only energy exports, that would be better still.)
- cucumber3732842 6mo agoThe electorate is not so stupid that "it turns out people really don't want what I'm peddling so I'm just gonna reframe it and those idiots will be none the wiser" is likely to work. Nevermind the fact that by moving it from gas to oil companies you're also then taxing "energy" more generally and it's gonna show up across the entire economy.
- javascriptfan69 6mo ago>The electorate is not so stupid.. Respectfully, they are.
- usefulcat 6mo agoYou mean the same electorate that elected a nominally Republican candidate who campaigned on raising taxes, and then proceeded to do exactly that?
- JumpCrisscross 6mo ago> by moving it from gas to oil companies you're also then taxing "energy" more generally and it's gonna show up across the entire economy Tougher to notice. And you can pitch it as a windfall tax.
- HWR_14 6mo ago> If you could come up with a Constitutional way to tax only energy exports, that would be better still. The only constitutional issue with taxing energy exports is gettin Congress to pass the law and POTUS to sign it.
- JumpCrisscross 6mo ago> only constitutional issue with taxing energy exports “No Tax or Duty shall be laid on Articles exported from any State” [1]. [1] https://constitution.congress.gov/constitution/ https://constitution.congress.gov/constitution/ Art. I § 9
- HWR_14 6mo agoI learned something today. They can just outlaw exporting energy, but not tax it.
- deleted 6mo ago[deleted]