The spring-forward fall-back changes cost businesses money, and the promised energy savings have never materialized. Pro or con?
Pro: A False Economy
Although Daylight Saving Time (DST) has been justified as an energy-conservation measure, it is no such thing.
Studies conducted by University of California researchers on Indiana before 2006, when the state operated under three different time regimes, and on Sydney, Australia, which extended DST to accommodate the 2000 Summer Olympic Games, show either no difference in energy consumption or a small increase in power usage during the months immediately after clocks were moved an hour ahead.
|William F. Shughart II is Research Director and Senior Fellow at the Independent Institute, J. Fish Smith Professor in Public Choice in the Jon M. Huntsman School of Business at Utah State University, and editor of the Independent Institute book, Taxing Choice: The Predatory Politics of Fiscal Discrimination.|
So-called sin taxesthe taxing of certain products, like alcohol and tobacco, that are deemed to be politically incorrecthave long been a favorite way for politicians to fund programs benefiting special interest groups. But this concept has been applied to such sinful products as soft drinks, margarine, telephone calls, airline tickets, and even fishing gear. What is the true record of this selective, often punitive, approach to taxation?