Monday, 5 July 2004

Trust fund follies

Chip Taylor notes the current congressional squabble over the distribution of highway trust fund money. He writes:

Of course, if every state got back exactly what its residents paid in, the main purpose of the federal tax and trust fund would be to allow the feds to dictate highway-related laws: drinking ages, BAC levels, open-container laws and the like. Come to think of it, that is likely the main purpose now.

Bingo.

Of course, now the sicko social scientist in me wants to construct an econometric model of state highway trust fund returns.

# By Chris Lawrence @ 6:14 am CDT [Permalink] « (0)
Manual TrackBack URL for this entry: https://blog.lordsutch.com/tb.cgi/1763
Tags: Political Science, Politics, Transportation
 

1 comment:

Any views expressed in these comments are solely those of their authors; they do not reflect the views of the authors of Signifying Nothing, unless attributed to one of us.
[Permalink] 1. Brian J. wrote @ Mon, 5 Jul 2004, 1:26 pm CDT:

You forget the important function of redistributing wealth from taxpayers to federal bureaucrats.

 
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Signifying Nothing formerly featured the stylings of Brock Sides, a left-leaning philosopher turned network administrator currently residing in Memphis, Tennessee who now blogs at Battlepanda, and Robert Prather, a libertarian-leaning conservative economist and occasional contributor at OTB.

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