|
I think it's worth considering an increase in our ridiculously low gas tax, with the revenues redirected to income tax relief.
The value of increasing the gas tax would be to create more incentive to perfecting the hydrogen fuel cell, which is the only practical alternative to our current love affair with the internal combustion engine. Hydrogen, unlike oil, is unlimited, has no geography, and can't be held hostage by terrorists.
Bush could call it the Patriot Tax or something to that effect.
|