Like the tin says, what if gasoline prices in the United States over the past 50-60 years had been similar to those in Europe? How would that change the auto industry, land use planning, lifestyles, crude oil imports and domestic production? If we look at England, for example, we see smaller, "semi-detached" (duplex) houses on smaller lots so that more people can find affordable housing within short-commute or mass-transit distance of their work sites. (Among other reasons -- I recognize that other factors are at play there.)
And what would the extra tax income be used for? Reduce or replace the income tax? Finance earlier social services such as universal health care?
And what would the extra tax income be used for? Reduce or replace the income tax? Finance earlier social services such as universal health care?