If demand for road space is inelastic, should "congestion pricing" be charged at maximum monopoly levels? Seems like a really bad idea -- especially if the money isn't used to lower other taxes. But how could the best price be determined?
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We could tax penises at $50,000 / year and raise a ton of money while altering the supply only a tiny tiny bit at the margin. Should we tax them at all? At what level? Economic theory has nothing to say about that.
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(I'll personally go off on a Stirnerite / Nozick / anarchist /deontological tangent and say "who is 'we' and where do 'we' get any authority to do such a thing?")
End of conversation
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