Posts Tagged ‘regressive taxation’

  • High Gas Price Control

    The Reason the Price of Gasoline Has That 9/10

    Apr 19, 14 • 410 Views • No Comments

    If you asked me how much I pay for gas, I would say $3.49 a gallon. Actually, though, the sign says $3.499. And that means, because the gas station rounds up, I am paying $3.50.  Doesn’t $3.50 sounds like a lot more? The 9/10 of a cent story begins in...  [read more]

  • Fiscal Policy: Looking at the Lottery

    Aug 11, 13 • 428 Views • No Comments

    The 14 million (or so) people who buy Powerball lottery tickets may be suffering from probability neglect. They know that their chance of winning $40 million could be 1 in 175 million. But still, they buy the tickets. Nobel prize winning psychologist Daniel...  [read more]

  • Beer and pretzels.

    A Progressive Tax: Beer Economics

    Mar 30, 13 • 326 Views • No Comments

    Artisanal beer makers are asking for a tax break. Because typical craft brewers produce fewer than 15,000 barrels a year, they already have a lower tax rate than the larger firms. Currently, US beer brewers pay a $7 tax per barrel (31 gallons) for the first...  [read more]

  • Our Transportation Infrastructure is Crumbling

    Who Will Pay For Our Roads?

    Sep 18, 12 • 263 Views • No Comments

    In President Obama’s State of the Union address last January, he referred to the problem of our crumbling transportation infrastructure. One solution is at the gas pump. When you filled your tank, you paid for fuel and probably also a road. In 1956, the...  [read more]

  • The Sugary Beverage Debate

    More Soda Wars

    Aug 14, 12 • 277 Views • No Comments

    If you lived in Richmond, California, would you vote yes or no for their proposed soda tax? The tax is unusual because it does not charge people at the register. Instead, retailers would have to pay a license fee that is based on how many ounces of SSBs...  [read more]