The government giveth, and the government taketh away

I agree with Kevin: forget playing with the gas tax, and focus on eliminating all the of the ridiculous direct subsidies to oil companies. I promise, they'll keep pumping the stuff anyway.

Update Alex Knapp had the original thought; forgot to link him too. Let me correct that error now.

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Megan McArdle is a columnist at Bloomberg View and a former senior editor at The Atlantic. Her new book is The Up Side of Down.

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