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Obama and Gas Taxes


Will the incoming president push for higher fuel taxes?

“China’s decision on Friday to link domestic fuel prices to the international price of crude oil, but increase consumption taxes on gasoline and diesel sharply to spur more efficient use of energy in the medium term, raises the question whether the incoming Obama administration might be tempted to do the same,” writes Reuters columnist John Kemp.

In an editorial today, The Washington Post makes the case for raising gas taxes.