Lowering Tax Rates on Motor Fuels: A Bad Idea That’s Gaining Momentum
Tamara Swedberg2022-10-21T16:29:03-04:00By Michael L. Lahr, Rutgers Economic Advisory Service (R/Econ™) Policymakers’ hearts are in the right place. Presently, the United Kingdom and a few U.S. states are enabling at least a temporary reprieve from fuel taxes in the name of solidarity against Russian aggression.[1] In the face of budget surpluses and soaring energy prices, it would [...]