Is gas-tax hike a positive step towards a green planet?
BUSINESS.
Pankaj Goswami.
A Michigan congressman wants to put a 50-cent tax on every gallon of gasoline to try to cut back on Americans' consumption.

gas tax 65
# A tax on gas can in a way reduce dependence on import oil, reduce traffic congestion along with carbon emissions.
# The automobile is the America's biggest polluter and Americans use more gas than the next 20 countries combined.
# Some environmentalists and economists say pain at the pump may be bad for Americans, but good medicine for a sick planet.
# Raising gas prices can have short-term reduction but bottom line is over long term, that isn't going to have much of an effect.
LIKED this story? Share it
Comments
HOT LISTS
Latest Stories
Say Something





