Jul
06

Duty, Taxes and Behavior

While Americans are huge consumers of energy, Israelis are stingy. And, tax policy is why! The duty on all new cars is 100% (yes, 100%) and gas costs about $7.25/gal. As a result, most cars are small and get great mileage. Israeli’s also recycle 75% of their water (Spain’s next with at 25%). Coincidently, water prices have risen dramatically in the last few years! Would we tolerate such tax policies in the USA?

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