The Green Files > Building Momentum for Gas Taxes

http://nyc.theoildrum.com [The Oil Drum: New York City] Some of that money would have to be used to provide offsetting tax breaks to low-income households, such as an increase in the earned income tax credit." One part of their editorial that I'm not completely on board with is the SUV buy back idea: "...lawmakers could consider would be to use some of the revenue to buy back S.U.V.'s. The buyback notion is a variation on the "scrappage" idea from earlier crises, when it was proposed that the government buy up old clunkers so that their owners could more quickly upgrade to less-polluting cars"

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Climateark.orghttp://www.climateark.org [Climateark.org] 24/10/2005 -- Gas Taxes: Lesser Evil, Greater Good: Until now, the government has failed to connect our crises and our consumption in a coherent way. That dereliction of duty has led to policies that are counterproductive, such as tax incentives to buy gas guzzlers and an overemphasis on increasing domestic oil supply, although even all-out drilling would not be enough to slake our oil thirst and would require a reversal of longstanding environmental protections.

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