Wilmette considers feebate
Saturday, 30 September 2006
Dan Gibbard reports in the Tribune that Wilmette is considering a car-registration fee hike — to repay bonds for street reconstruction — balanced by a cut in fees for more environmentally friendly cars. It’s a rather clunky version of a feebate, which ideally would be tied instead to the weight of the car (providing a clear nexus: bigger cars cause more wear and tear on the newly rebuilt roads), but still the opposition to this is silly. Really, guys, would a $25 tax increase bankrupt many families in Wilmette, where the median income stands at a cool $106,773?
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