Commentary on local and national economics, public policy. Related to the web site www.cityeconomist.com. Maintained by John Tepper Marlin.
Sunday, October 9, 2016
GOVT REVENUE | License Plate Auctions
Vanity license plates raise money for govt services.
An Indian car-owner happily paid $9 million for license number 5 in Dubai. Others have paid more, also happily, as much as $33 million for number 1. What's not to like with this form of revenue-raising for governments?