Re: Gas

2000-09-18 Thread Fred Foldvary
On Sun, 17 Sep 2000, Bryan Caplan wrote: Where would the supply-side effect come from? Just because the world supply is fixed, does not mean that one country can't reduce after-tax prices by cutting taxes. Inelastically supplied to the world, elastically supplied to individual

Re: Gas

2000-09-17 Thread Bryan Caplan
Fred Foldvary wrote: From: "Thomas TerBush" [EMAIL PROTECTED] The government here in Japan has a sly "solution" to this problem. Here the government maintains a stable gas price target by fluctuating the tax. As the price of oil changes, the government adjusts the tax to keep

RE: Gas

2000-09-13 Thread James Sproule
No, its more confusing than that. The government has raised taxes on fuel, this was sly when the oil price was falling, but now with oil above $30 a barrel, gas here costs 80p ($1.20) a litre. The British are copying the French, who have a long tradition of protesting when they disagree with

Re: Gas

2000-09-13 Thread Thomas TerBush
complains (well, I complain, but I'm definitely in the minority here in every way). Tom -Original Message- From: James Sproule [EMAIL PROTECTED] To: '[EMAIL PROTECTED]' [EMAIL PROTECTED] Date: Wednesday, September 13, 2000 2:15 PM Subject: RE: Gas -- From: James Sproule[S