Tue, 01 Jun 2004

Statutory Minimum Gas Prices

According to Walter Williams, New York State has statutory minimums on gasoline prices. That means that a portion of your gas dollars goes to the state to pay for taxes, and another portion goes to prop up the price of gas to reduce the effects of competition. .... Just so you know where your money is going.

Posted [02:19] [Filed in: economics] [permalink] [Google for the title] [digg this]