Word: guzzler
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Dates: during 1990-1990
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Adjustments of the tax codes are usually better than regulations as a way to discourage polluting or wasteful practices and to reward efficiency. If a person wants to drive a gas guzzler, it makes sense for him to pay higher gas and sales taxes. Farmers would quickly look for alternatives to chemical pesticides if they were taxed according to the cost of cleaning them out of the environment. Regulations are most useful as a last resort for dealing with problems, such as nuclear waste, that are too dangerous to be left to the marketplace...