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This makes sense but this transforms the costs of using vehicle into a sunk cost for owners, which encourages using the vehicles as much as possible to spread the cost out. I generally think we should prioritize increasing the cost of using vehicles instead of owning them (such as by registration fee), such as parking fees, tolls, and gas tax.


Nothing says you can't do both. Some states have excise taxes on vehicles as well as tolls etc.




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