Thursday, April 01, 2004
for Christ's sake? By Bush's chief economist:
Fortune issue: May 24, 1999
Gas Tax Now!
By N. Gregory Mankiw
Many members of Congress have been pushing for a cut in income taxes, but they've been unsure how to pay for it. Fortunately, I've figured out an answer: with a tax increase. Let's cut income taxes by 10% and finance it with a 50-cent-per-gallon hike in the gasoline tax.