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GM CEO calls for $1 gas tax hike
CNN ^ | June 7 2011 | By Chris Isidore

Posted on 06/07/2011 12:24:15 PM PDT by NoLibZone

General Motors CEO Dan Akerson said his company and his industry would be helped, not hurt, if consumers paid higher gas taxes.

In an interview published in Tuesday's Detroit News, Akerson floated the idea of a $1 a gallon increase in the gas tax as a way to encourage buyers to purchase smaller, more fuel efficient cars. Greg Martin, spokesman for GM's Washington office, confirmed that the quotes reflect Akerson's and GM's view.

Akerson said he would support a jump in the gas tax if it came instead of tighter fuel economy regulations that GM (GM, Fortune 500) and other automakers will have to meet in coming years. By the year 2025, automakers could be forced to hit fuel economy averages of as much as 62 mpg.

Akerson said that a higher gas tax, including an immediate 50-cent-a-gallon increase to take advantage of recent declines in gas prices, would probably make some of his Republican friends "puke." But he said it would do more to help the environment than the pending fuel economy rules.

(Excerpt) Read more at money.cnn.com ...


TOPICS: Business/Economy; Extended News; Government; News/Current Events
KEYWORDS: debt; default; economy; energy; gas; gasoline; globalism; gm; idiocy; lunacy; policy; socialengineering; tax; taxes
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To: NoLibZone

General Motors CEO Dan Akerson - GOVERNMENT STOOGE!
This is why I will never buy a GM or Chrysler vehicle again in my life.

FUBO


41 posted on 06/07/2011 12:49:30 PM PDT by wetgundog (" Extremism in the Defense of Liberty is no Vice")
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To: NoLibZone

This moron is trying to get customers for their FAILED Vol-bama car.


42 posted on 06/07/2011 12:49:36 PM PDT by Mr. Jazzy (The United States Marine Corps, your greatest friend or your worst enemy. YOU choose.)
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To: NoLibZone

Mr. Akerson, please go have your head examined.


43 posted on 06/07/2011 12:49:36 PM PDT by Faith
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To: NoLibZone

This is the kind of animal they have running a major automaker! The next time they need a bailout, and they will, pass.


44 posted on 06/07/2011 12:50:14 PM PDT by Anti-Bubba182
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To: NoLibZone

I grew up in a 54 Chevy, learned to drive in a 57 Chevy Bel Air, and my first personal car was a 73 Chevy Vega. Haven’t touched a GM product since. Probably won’t, given the current product line and attitude toward us customers. The GM CEO wants to “force” us to buy lower-mileage cars? That will help the foreign-design brands more than the domestic. And that’s the disconnect that will cause GM to follow so many of its once-proud badges.


45 posted on 06/07/2011 12:51:32 PM PDT by asinclair ("Buy American" -- unless the other product is significantly superior)
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To: NoLibZone

The current CEO, Dan Akerson recently sounded off in an interview with The Detroit News, portions of which will likely offend some readers.

Most notably Mr. Akerson called for a massive gas tax hike in the U.S. commenting, “You know what I’d rather have them do — this will make my Republican friends puke — as gas is going to go down here now, we ought to just slap a 50-cent or a dollar tax on a gallon of gas. People will start buying more Cruzes and they will start buying less Suburbans.”

Mr. Akerson argues a tax increase would be a better way to “protect the environment” and promote consumer fuel efficiency than direct increases the U.S. Corporate Average Fuel Economy (CAFE) regulations. The Obama administration and Congress are currently looking to extend increases in CAFE mandated fuel economy levels through 2025, with the current round of increases wrapping up in 2017.

http://www.dailytech.com/GMs+CEO+Praises+Obama+Calls+on+Govt+to+Pump+Up+Gas+Income+Taxes/article21839.htm

Mr. Akerson suggested a tax of fifty cents on the dollar, which would make $4 USD/gallon gas cost $6 USD/gallon. This is slightly less than GM’s previous suggestion to tax gas to $8 USD/gallon.


46 posted on 06/07/2011 12:51:47 PM PDT by kcvl
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To: NoLibZone

National Socialist piece of garbage.


47 posted on 06/07/2011 12:51:50 PM PDT by ExpatGator (I hate Illinois Nazis!)
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To: NoLibZone

Government Motors: You’re tax dollars at work.

GM, you have forever lost me as a customer, and I’ve been driving GM vehicles since I first got my license.


48 posted on 06/07/2011 12:52:18 PM PDT by AFreeBird
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To: NoLibZone

“In July 2009, Akerson was named to the board of directors of General Motors as a representative of the U.S. Treasury, which owns a 61% stake in GM.”

‘Nuff said.


49 posted on 06/07/2011 12:52:25 PM PDT by PBRSTREETGANG
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To: NoLibZone

But would the increase help the sales of GM’s 550-hp Cadillac? To answer my own question, I suppose those buyers are not expected to even look at the price at the pump.


50 posted on 06/07/2011 12:53:44 PM PDT by luvbach1 (Stop Obamania in 2012)
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To: NoLibZone

Jim Taggart speaks


51 posted on 06/07/2011 12:54:29 PM PDT by thecabal (The Golden Rule: He who has the gold, makes the rules.)
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To: Terry Mross
That means Hannity’s show is subsidized by the tax payer. And he’s not so stupid that he doesn’t know this.

Ah, you are talking about Sean Hannity, right? You might want to leave a little wiggle room in that second sentence there.

52 posted on 06/07/2011 12:54:50 PM PDT by Steely Tom (Obama goes on long after the thrill of Obama is gone)
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To: NoLibZone
General Motors CEO Dan Akerson said his company and his industry would be helped, not hurt, if consumers paid higher gas taxes.

Yeah, but how about the perople who have to pay that gas tax, you nitwit?

53 posted on 06/07/2011 12:54:50 PM PDT by NRG1973
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To: Huskrrrr
“Please buy my overpriced Volt....

Under penalty of law and death sentence if you don't wouldn't get me to buy one.

54 posted on 06/07/2011 12:55:22 PM PDT by EGPWS (Trust in God, question everyone else)
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To: NoLibZone

http://www.youtube.com/watch?v=TRj7sTZpf7M

Lee Marvin in “Point Blank’ shows the proper technique for test driving any car offered for sale by scoundrels. Around 52 seconds in. Great movie.


55 posted on 06/07/2011 12:55:34 PM PDT by kbennkc (For those who have fought for it, freedom has a flavor the protected will never know.)
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To: NRG1973
perople

Oops...should have been, "people".

56 posted on 06/07/2011 12:57:27 PM PDT by NRG1973
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To: Terry Mross

>>> CEO of GM? I thought obama was CEO of GM. <<<

Oh he is. This asswipe is just his mouthpiece, just doing the bidding of his massa.


57 posted on 06/07/2011 12:57:47 PM PDT by AFreeBird
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To: NoLibZone

He’s just parroting what his new Kenyan boss told him to say.


58 posted on 06/07/2011 12:58:51 PM PDT by muir_redwoods (Somewhere in Kenya, a village is missing an idiot)
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To: NoLibZone

The tax increases will continue until morale improves....


59 posted on 06/07/2011 1:00:33 PM PDT by databoss
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To: NoLibZone

Read my tag line


60 posted on 06/07/2011 1:01:14 PM PDT by RatRipper (I'll ride a turtle to work every day before I buy anything from Government Motors.)
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