Let’s Fix It: It’s Time for a European-Style Gas Tax in the U.S.

By Dr. Yossi Sheffi, LinkedIn Influencer

There is no easy way to present this idea, so I’ll go right ahead and state it plainly.

If I could wave a magic wand, I’d impose a hefty gas tax on Americans. And by “hefty” I mean of the order of 50 percent to 70 percent. I would also require a different money allocation mechanism for the funds generated by the tax.

I can already hear the howls of anguish; many of them from my closest friends and colleagues. But before you dismiss the idea of a substantial tax on gasoline, please hear me out.

Here is why this is that rarest of animals: a constructive tax.

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