Gasoline Tax and Road Congestion
Greg Mankiw discusses the negative externalities associated with gasoline, including environmental pollution and road congestion. He explains how a gasoline tax can help address these issues, and also explores the potential benefits of road pricing. The conversation delves into the challenges of implementing road pricing and the use of tax revenue to lower other taxes or reduce the long-term fiscal gap.In this clip
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EconTalk
Greg Mankiw on Gasoline Taxes, Keynes and Macroeconomics
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