Friday, October 30, 2015

Even ignoring externalities, cars are heavily subsidized

Planetizen: : "Perhaps more commonly understood is that the direct costs of vehicle use—namely, the maintenance and construction of roads—is covered by gasoline taxes. A new report from the Frontier Group—in partnership with the U.S. PIRG Education Fund—cracks this myth wide open. The price paid by car drivers does not come close to covering even the direct costs of road use."

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