Quote:
Originally Posted by Duffman
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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Yes Sir! Them taxes on mobile phones sure have decreased demand for them little thangs.
With the price of crude around $60, what are the chances all the tax payers will get $500 from uncle sam? Nil! None!