Why Not? Ctd

Yael Borofsky and Jesse Jenkins respond to Avent's suggestion that we put a $5 tax on every barrel of oil:

Instead of raising energy prices, the point of the gas tax should be to raise revenues.In fact, a $5 gas tax could raise about $40 billion annually, as Aventnotes, without consumers feeling much financial pain at all. These revenues could then be dedicated to the kind of public-privatepartnership that has successfully catalyzed private sectorentrepreneurialism and innovation and...