The Past is the Future is the Past

[TheGame]

Originally Posted by manasecret

I feel laissez-faire, Adam Smith style economy is best, but I also think some government regulation is inevitable. When virtually all companies in an industry are using unethical practices and getting away with it, what other option is there besides government regulation?

But he also seems for regulation, but in a different way. For example with car pollution, he says that instead of putting in regulations forcing car companies to lower their car emissions, we should tax car emissions to give them the incentive to do it. Both sound like regulation to me. Which works better then is the question.

Yup, it makes sense. But most republicans these days would be repulsed by the idea of increasing taxes for such reasons. There's a difference between the government giving companies incentives to make good products, opposed to forcing them to.

Honestly there's a fine line between increasing taxes for not doing what the government wants, or simply having a cash penalty. These days saying the words "raising taxes" seems to be a sin, even if it makes sense.