You are hereFiscal Policy
Fiscal Policy
A Smart -- and Reasonably Fair -- Way to Revisit the Gas Tax
Over on CapitalGainsandGames.com today, Andrew Samwick makes the case for increasing the gas tax -- and pairing that hike "with a reduction in the payroll tax rate that fully offsets the revenue increase." As he puts it:
At a very basic level, you get less of what you tax and more of what you don't. Looking at our long-term energy needs, every little bit of energy conservation helps. Looking particularly at our short-term macroeconomic needs, we would like to increase the returns [on] work. Both the payroll tax and the gas tax are thought to be regressive, so on balance, we are not doing much.
New to the Blogosphere: EconomistMom.com
Diane Lim Rogers -- formerly of the House Budget Committee, now Chief Economist for the Concord Coalition -- has just launched EconomistMom.com. The site officially debuts (fittingly) on Mother's Day, with an op-ed that's running in the Seattle Post-Intelligencer.
Capital Gains and Games -- Now Triple the Fun
CapitalGainsandGames.com -- a site that Stan Collender & I launched late last year -- is now an honest-to-gosh powerhouse in the world of policy blogs.
Stan has been been joined by Andrew Samwick and Pete Davis; the new-and-improved site debuted this evening.
For the Budget Wonks: CapitalGainsandGames.com
Stan Collender's new blog -- CapitalGainsandGames.com -- is officially up and running.
