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usatoday article

Old Apr 10, 2004 | 09:55 PM
  #46  
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You don't have to give the gov't more money. You could just drive less or drive a more efficient car. And say you aren't moving closer to work... well then if it bothered you - your NEXT car (be it next day or next 5 years) would be more efficent.

Tax breaks only reduce consumption on the new cars sold. More expensive fuel reduces consumption on ALL cars. And it doesn'tt do anything about the fact that now that I have an efficient car AND CHEAP GAS, I'll probably DRIVE MORE THAN BEFORE!

LOL, I'm still cracking up at the people saying only the tax would hurt the poor... raising CAFE would FORCE most of us into little ****boxes while the rich got big SUVs and luxury cars. Because they'd have to sell a vehicle mix to meet CAFE, cars would have to be priced accordingly... meaning I potentially couldn't afford a big SUV, even if I really needed it and could afford the gas!
Old Apr 10, 2004 | 11:11 PM
  #47  
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I don't think I ever advocated for higher CAFE standards here either. I am simply anti-tax.
Old Apr 12, 2004 | 12:33 PM
  #48  
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Gas Prices will not stop SUV sales
Old Apr 12, 2004 | 02:38 PM
  #49  
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That's because everyone thinks that any hike in gas prices would be temporary...

Besides, saying they'll pay for it and actually paying for it are two different things.
Old Apr 12, 2004 | 03:06 PM
  #50  
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I'm simply flabbergasted here.

Tax breaks for buying a certain car in the face of out current deficits?



Bringing up Reagan's tax cuts, but yet ignoring that those tax cuts exploded the deficit something horrendous (wasn't "trickle down discredited long ago?).

Supporting CAFE when the last time CAFE was instituted performance cars dried up & everything went FWD?

Minimum wage people being hit hard by gas tax increases? How many minimum wage people drive long distances to work?

No one wants to pay additional money to ANYONE. But there seems to be a near paranoia to having a tax which you totally control because the money goes to the government.

No one says a peep when the oil industry raises prices, or the fact that we are making rich countries that wouldn't help us on the war on terror.

No one has proposed jacking fuel prices up to $4 per gallon, but 50 cents is completly reasonable. We'll STILL have the world's cheapest gas of any 1st world nation.

Also, no one has wondered why the auto industry has come out in favor of this?

This is absolutely amazing!

OK, someone come up with an alternative that doesn't create a recession by prompting the Feds to jack up rates, doesn't add to the deficit, and doesn't lay new regulations on the industry via CAFE which would take away efforts to give us the cars we want.

Com'mon. Anybody??

Last edited by guionM; Apr 12, 2004 at 03:10 PM.
Old Apr 12, 2004 | 05:42 PM
  #51  
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Increase environmental awareness and educate the masses about the problems of consuming gasoline!! The more people are aware, the more responsible choices they'll make!



Alright alright, you got a point there.




Originally posted by guionM
I'm simply flabbergasted here.

Tax breaks for buying a certain car in the face of out current deficits?



Bringing up Reagan's tax cuts, but yet ignoring that those tax cuts exploded the deficit something horrendous (wasn't "trickle down discredited long ago?).

Supporting CAFE when the last time CAFE was instituted performance cars dried up & everything went FWD?

Minimum wage people being hit hard by gas tax increases? How many minimum wage people drive long distances to work?

No one wants to pay additional money to ANYONE. But there seems to be a near paranoia to having a tax which you totally control because the money goes to the government.

No one says a peep when the oil industry raises prices, or the fact that we are making rich countries that wouldn't help us on the war on terror.

No one has proposed jacking fuel prices up to $4 per gallon, but 50 cents is completly reasonable. We'll STILL have the world's cheapest gas of any 1st world nation.

Also, no one has wondered why the auto industry has come out in favor of this?

This is absolutely amazing!

OK, someone come up with an alternative that doesn't create a recession by prompting the Feds to jack up rates, doesn't add to the deficit, and doesn't lay new regulations on the industry via CAFE which would take away efforts to give us the cars we want.

Com'mon. Anybody??
Old Apr 12, 2004 | 07:32 PM
  #52  
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I would much rather run the deficit up some more, banking on our growing and innovative economy to help grow treasury revenues out of the deficit, than slap on new taxes that place significant hardship on either the individual consumer or the auto industry, because either ultimately costs jobs.

I'm sure with a copy of the federal budget and a free weekend I could find more than enough pork to cut to "pay" for any such cuts.

Just look at all the pork the Senate is trying to put into the Highway Reauthorization bill. I am keeping a close eye on it because my job deals directly with funds put into the public transporation component of the bill.
Old Apr 12, 2004 | 07:43 PM
  #53  
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Originally posted by guionM
OK, someone come up with an alternative that doesn't create a recession by prompting the Feds to jack up rates, doesn't add to the deficit, and doesn't lay new regulations on the industry via CAFE which would take away efforts to give us the cars we want.

Com'mon. Anybody??
Raising gas prices up $.50 gradually through taxes, $.10 a year over 5 years = money that can be spent on introducing fuel cell infrastructure or government "interest free loan" to automakers for a plant used solely for the purpose of R&D and production of hybrids, hyrdrogen vehicles, etc, etc. Its gradual enough that it doesn't make the consumers panic, causing a recession, and by the end of the first 5 years we'll have new hybrids in the market to saturate it and more technology in alternative fuel fields. The interest free loans will encourage automakers to introduce new hybrids at little extra cost to the consumer.

Raise CAFE for trucks, SUVs and vans. Not on cars, their ahead of the game right now. SUV's are what set behind the efforts to conserve fuel.
Old Apr 12, 2004 | 07:55 PM
  #54  
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Originally posted by guionM
OK, someone come up with an alternative that doesn't create a recession by prompting the Feds to jack up rates, doesn't add to the deficit, and doesn't lay new regulations on the industry via CAFE which would take away efforts to give us the cars we want.

Com'mon. Anybody??
5 year short term plan:

- $2500 tax credit/rebate to those that buy new cars that get over 50mpg and over 35mpg for SUV/truck.

- 3/10th’ or less tax on gas to pay for the tax credit (I havn't run the #'s yet but that is an educated guess based on 1 million high mpg cars a year) 5’/g = $8.15 Billion/yr.

- Raise CAFE on light trucks up 1.5mpg over the next 5 years. (if 20% of new H2s came with the Diesel the avg. for H2s would go up about 1.5mpg)

- LS2 & LS7 cars exempt from CAFE (ok... it will never happen, but it is my version of pork )

For long term, more $$$ needs to be invested in Hydrogen fuel cell reseach. NASA will be doing a lot of high tech fuel research for the Mars and Moon missions that should help all of us.

Last edited by Z28x; Apr 13, 2004 at 11:55 AM.
Old Apr 12, 2004 | 08:44 PM
  #55  
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Sounds reasonable to me Z. a 10cent tax increase on gas phased in over, say 3 years, wouln't have much of an effect on the economy IMO.

Some interesting reading here:

http://www.wri.org/climate/jm_oil_000.html

the author suggests:

The imminent move from oil to replacement energy sources will occur over a just a few decades, and determined efforts to make the transition as painless as possible should begin now. Perhaps most critical is the need to make energy prices -- especially those of fossil fuels -- reflect the full social costs of their production and use. In practice, this can be most efficiently achieved through pollution-, security-, and carbon (global warming) taxes. New taxes such as these should be offset by reducing taxes on income or savings or by reducing social-security or health-care taxes.
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