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Technology Stocks : Intel Corporation (INTC)

INTC 36.15

-0.6%

Dec 24 12:59 PM EST

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To: Dan3 who wrote (182582)	11/9/2005 10:30:08 AM
From: Road Walker	Read Replies (2) of 186894

re: Buying cars doesn't use oil, buying gas uses oil. Driving inefficient cars uses oil inefficiently. re: A parent who wants a big SUV to haul the neighborhood kids around a 5 mile loop each day doesn't use gas much gas, it's anyone that commutes 75 miles each day in an SUV that uses gas. They both waste 50% of an increasing precious commodity. re: Here's one for you - eliminate the employee half of Social Security and Medicare taxes, providing a large, immediate raise for workers currently most impacted by energy costs, and eliminating some paperwork for businesses. Replace the revenue in those programs with a tax on imported oil. What about the unemployed, fixed income retirees? How do you enforce the "raise" to employee's? re: Punishing somebody who buys a $125,000 Mercedes with a gas guzzler tax may give some people some satisfaction, but it likely saves zero fuel. An extreme and rare case. The most important part of this scheme is not the penalty, but the incentive. For a big SUV the penalty would only be 10%-20%; enough to make a difference in sales but not to kill choice. Next year there are going to be ~$12K cars that get 40 mpg... how about if people could get those cars for a net $7K. How fast could the impact be felt for US passenger car fleet efficiency? You pass the efficiency incentive law and I would bet that the 20% risk premium in the cost of oil would go away overnight. Dollars out of the pockets of the ME Kingdoms and into the pockets of US consumers. Immediate reduction of the trade imbalance. John

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