Sure, once autonomous driving cars become prevalent in the not-too-distant future, we’ll all be able to read, watch videos and text message to our hearts’ content – safely, that is – while en route to a given destination, and probably enjoy lower insurance rates due to the resulting drop in accidents caused by human error.
But you can bet the proverbial farm that state and local taxes will rise in the process (as if they ever needed a reason). A recent Brookings Institution report by Kevin C. Desouza and Kena Fedorschak suggests that’s because local governments’ coffers will sorely miss the lack of revenue from a dearth of citations being issued for moving violations.
Read Article