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Old 11-15-2008, 01:55 AM   #9 (permalink)
Duffman
Master EcoModder
 
Join Date: Mar 2008
Location: Edmonton, AB, Canada
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A tax curbs demand, the problem is your demand is multiples greater than your supply.

100% of the money generated by a tax stays in the country. Around 70% (off the top of my head) of the $$ spent on oil leaves the country.
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