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Summit- How to boost fuel efficiency? Raise taxes say execs
Reuters ^ | 11/04/09 | Scott Malone

Posted on 11/04/2009 8:25:25 PM PST by Egg

DETROIT (Reuters) - There's a simple way to get Americans to drive fuel-efficient cars, according to auto executives, but they are not going to like it -- sharply hike the gas tax.

[snip]

Gradually raising gas taxes to the point where fuel costs $4 to $5 at the pump will do more to stimulate demand in next-generation vehicles like General Motors Co's forthcoming Chevy Volt plug-in hybrid than any other policy initiatives...

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Government
KEYWORDS: autoindustry; energy; fuelefficiency; gasoline; gastaxes; green; tax
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Fascism, American style.
1 posted on 11/04/2009 8:25:26 PM PST by Egg
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To: Egg
"Unless gas is $3.50 or $4 a gallon, consumers are not going to want to buy those cars," York said on Monday.

Keep raising taxes and Americans won't have any money to buy your overpriced cars.

2 posted on 11/04/2009 8:32:04 PM PST by A message
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To: Egg

Raising taxes on Gas would drive people to be more efficient and consume less. But it would also kill the economy and reduce our lifestyles.

I say build nuclear plants, so that there is an abundance of energy. Provide that energy to hydrogen producers at variable cost, letting other energy consumers pay for the plant overhead, which they would be paying for anyway if nobody was producing hydrogen.

Get the cost of hydrogen fueled vehicles down to the equivalent of $1 per gallon of gas. Then you have a real incentive for people to convert to hydrogen and tell OPEC and the middle east where to put their oil.


3 posted on 11/04/2009 8:33:03 PM PST by DannyTN
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To: Egg

Yeah, make Americans sink all their money into gas tanks and heat, leaving them starving and forced into bankruptcy, and then they will buy a smaller eco-car. Are these people born this stupid? Or did they have to work at it?


4 posted on 11/04/2009 8:33:14 PM PST by gidget7 (Duncan Hunter-Valley Forge Republican!)
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To: Egg
No, I agree with the premise about raising taxes to accomplish three things, IMO.

1) $4 or $5 per gallon fuel will conserve fuel and lead people to buy less fuel per year and more fuel efficient vehicles. That's been proven three or four times in the last four decades.

2) Add a $1 per gallon tax just to better fund the US military -- with even just the basics: more and better body armor, more ammo, new rifles, more close air support platforms, more C-17 airlift planes (so that our troops don't get hung out on the end of a vulnerable logistical thread), and better veterans' health care, etc. etc.

3) Add another $1 per gallon tax, the revenues to be turned over to States to fix roads and bridges (and no swiping that fuel tax for airports and mass transit rail, etc.)

5 posted on 11/04/2009 8:34:55 PM PST by Aroostook25
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To: DannyTN

No tell OPEC to get lost and rill our own oil!


6 posted on 11/04/2009 8:34:58 PM PST by gidget7 (Duncan Hunter-Valley Forge Republican!)
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To: Egg
If the fed keeps printing money and the members in congress keep spending it, you will have $4.50 a gal gas in about 24 months. Thank you wall street!!!
7 posted on 11/04/2009 8:35:26 PM PST by org.whodat (Vote: Chuck De Vore in 2012.)
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To: Aroostook25

No, absolutely not.


8 posted on 11/04/2009 8:38:24 PM PST by gidget7 (Duncan Hunter-Valley Forge Republican!)
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To: Aroostook25
No thanks. And even if I wanted more taxes on gas and oil, I wouldn't funnel the money through the hands of the parasites in D.C. before "giving it back" to the states.
9 posted on 11/04/2009 8:40:28 PM PST by Egg (The nationalizations will continue until the free market recovers)
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To: Aroostook25

I second that ‘No, absolutely not.’


10 posted on 11/04/2009 8:42:55 PM PST by AlmaKing
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To: gidget7
Yes, because our dependence on relatively cheap foreign fuel will dig us deeper into more trouble.

If domestic production is exempt from the defense tax, then that domestic production from wells, oil shale, coal, etc. will be more competitive.

11 posted on 11/04/2009 8:43:00 PM PST by Aroostook25
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To: Egg

Then the States add a $1 per gallon tax and keep it for themselves for roads and bridges.


12 posted on 11/04/2009 8:44:22 PM PST by Aroostook25
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To: Aroostook25

Cut State pensions and payrolls before adding amy tax.


13 posted on 11/04/2009 8:46:37 PM PST by AlmaKing
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To: AlmaKing

Sorry, I confused the well-known ‘amy’ tax with ‘any’ tax.


14 posted on 11/04/2009 8:48:10 PM PST by AlmaKing
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To: Aroostook25
And upon what basis do you flippantly recommend significant nationwide taxes upon one of the most vital commodities in the nation?

Surely, you are employed by government, which never removes its eye from the meager possessions of the productive element of soceity.
15 posted on 11/04/2009 8:50:37 PM PST by Egg (The nationalizations will continue until the free market recovers)
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To: Aroostook25

You have absolutely no clue whatsoever. Regarding statement number two, the US could have a defense budget of 1/10 what it is now and still be the most powerful military on the planet. There is so much waste and disapearing funds that it’s not even funny.


16 posted on 11/04/2009 8:51:26 PM PST by randomhero97 ("First you want to kill me, now you want to kiss me. Blow!" - Ash)
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To: AlmaKing

Good Idea, But you didn’t take it far enough.

Mandate that all federal Jobs have Pay parity with the private sector.

That will free up lots of Cash.

But then, who in Congress will vote for it?


17 posted on 11/04/2009 8:51:55 PM PST by SwedeBoy2
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To: Egg

The problem with $4 to $5 gas is that incumbents are in jeopardy of losing their office if this happens.

Just ask Republican incumbents in 2006, and to a lesser degree, John McCain in 2008.

When Gas Prices are high, people are pissed. It’s that simple. They blame it on anything and everything in sight too. Many people I work with were certain that the War was the reason for high gas prices and that’s the way BOOSH ‘The Oil Man’ wanted it...

It’s also a surefire way to kill their global warming malarkey. People don’t give a Rodent’s posterior about that stuff when they’re hurting, that’s why that agenda is failing now. They only care about it when there is nothing else to worry about.


18 posted on 11/04/2009 8:53:34 PM PST by lmr (God punishes Conservatives by making them argue with fools.)
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To: Egg

“DETROIT (Reuters) - There’s a simple way to get Americans to drive fuel-efficient cars, according to auto executives, but they are not going to like it — sharply hike the gas tax.”

Buy an American car ? Never again !
Some days I feel like wasn’t born with enough middle fingers.

Time to buy another motorcycle , made in JAPAN


19 posted on 11/04/2009 8:59:29 PM PST by Lera
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To: Egg

Queer the system and artificially raise prices as high as you (they) like - I will continue to drive. Of course at a certain point it will become cheaper to just *appropriate* it...


20 posted on 11/04/2009 9:05:07 PM PST by rockrr (Everything is different now...)
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