[stovt001]

I've never much agreed with Alex Taylor before, but he is spot on. The guy does know the industry, unlike a certain NYT writer or documentary film maker.

As an aside, I'm generally a free market, small government guy, but if you want to do behavior modification taxes are the way to do it. Not only do you kill two birds (behavior modification and revenue generation) with one stone, but you keep the market principles of supply and demand intact. Now where I go small government is the amount that I think the government should be modifying behavior. In the end, I agree 100% with Alex Taylor that a higher gasoline tax would be much more beneficial than CAFE laws because automakers could build small, efficient cars consumers were demanding and make a profit rather than being forced to build something consumers just don't want because gas is so cheap.