Monday, October 29, 2007

The economics of hybrids are taxing

Time for European style fuel taxes in America?

Today there is an article in the WSJ regarding The Economics of Hybrids, which starts, "For most U.S. consumers, they're still a money-losing proposition".

A couple years ago, however, some hybrid vehicles, such as the Toyota Prius were a good deal for most Americans. Of course, the difference between then and now is the $3150.00 clean vehicle tax credit, or the lack thereof.

Today, instead of tax credits for OPEC-dependency fighting hybrids, America will spend about $2 trillion fighting wars largely rooted in foreign oil dependency.

Isn't it time to put together a serious action plan for ending foreign oil dependency? Isn't it time to extend Toyota's tax credits? Isn't it time to consider new tax credits, new gas taxes and new visions of the future, such as the hydrogen highway and/or an electric vehicle infrastructure?

Isn't it time to make ending foreign oil dependency a National Cause?

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