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
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
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
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