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A comment on Heavier cars are safer for their drivers, but far deadlier for everyone else. Parent comment
No regulatory agency will be as effective for accurately pricing risky behavior as an insurance market.
> At least on first blush, it makes sense (to me) to just cut out that middleman and levy it directly.
The whole point of liability insurance is restitution in the case where the insured caused harm.
Adding a government tax would be adding a middleman.
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No regulatory agency will be as effective for accurately pricing risky behavior as an insurance market.
> At least on first blush, it makes sense (to me) to just cut out that middleman and levy it directly.
The whole point of liability insurance is restitution in the case where the insured caused harm.
Adding a government tax would be adding a middleman.