Question
in recent months, Premier Doug Ford of Ontario has announced two policies designed to benefit car owners: first, the cancellation of fees for renewing vehicle
in recent months, Premier Doug Ford of Ontario has announced two policies designed to benefit car owners: first, the cancellation of fees for renewing vehicle licenses (including a refund of licence fees paid since March 2020), and second, a six-month reduction in gasoline taxes of 5.7 cents per litre, beginning July 1, 2022. The justification for both policies is to reduce the cost of living for consumers. Are these sensible economic policies, or are they just a cynical attempt to buy votes in the upcoming provincial election? Evaluate both the economic efficiency and equity of these policies.
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