Monday, December 21, 2009

Retail Tax at the Gas Station Vs. Corporate Tax on Oil&Gas companies. What is the impact on the price of gas?

Assume that the government gets the same amount of revenue from both taxes but has to choose one of the two. According to relevant economic theories, would the increase in the price of gasoline at the pump be independent of the government's choice?Retail Tax at the Gas Station Vs. Corporate Tax on Oil%26amp;Gas companies. What is the impact on the price of gas?
The high price for gas sucks. I got a gift card of $1000 (!!) for gas. Just needed to complete a few simple steps.

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