Gas tax: Is Obama smoking something?
The EV1 and the Chevy VoltI've never thought much of GM killing the electric car. Besides, it was really just a delay. Large automakers survive on economies of scale, and with gas prices what they've been, except for the last couple of years, there was never an incentive for such vehicles, especially if GM had to price them at a break even point, let alone a profitable price.
Recently, as gas prices rose, interest in fuel economy also increased because people could see a financial incentive to invest in more expensive hybrid cars. High gas prices, not the government, justified the higher price of fuel efficient vehicles, as anyone that shopped for a hybrid this summer learned.
Thus, with gas prices skyrocketing downward, it's a bit alarming to learn that President-Elect Barack Obama thinks that a gas tax is a bad idea. Obviously, I don't expect him to outright advocate for a gas tax, it's political suicide, but can the government solve all of America's problems without asking for any help from the people?
I guess I shouldn't be surprised. We're bailing out Wall Street, bailing out homeowners - many of whom were gaming the system from the beginning, bailing out the auto industry, etc., and we're going to upgrade our dilapidated infrastructure, build a $1/2 trillion super grid, add massive solar and wind capabilities, and it won't cost the taxpayer anything.
I guess there is such a thing as a free lunch.
Labels: gas tax, Hybrid Vehicles



2 Comments:
It is just politics... The very frustrating thing. According to analyst, Obama would increase the deficit by 3.5 trillion, Maccain by 5 trillion... I, however, think that we all will pay more taxes. I see some states increased the rates already.
I think from a federal standpoint and from a state standpoint are two different things. States should individually raise gas taxes. For instance, Atlanta/Georgia should to fund commuter rail. The federal government should leave it up to the states to do that, however I am not against a price floor that the automakers requested for gasoline. I just don't like the idea of the profits from gas stations being forced to raise their prices to the floor going into the hands of gas stations. Perhaps the difference should be considered a tax. Gas gouging rules would still apply.
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