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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (338393)5/23/2007 9:47:20 AM
From: Road Walker  Read Replies (1) | Respond to of 1574249
 
re: How about if instead of a tax credit, ALL taxes and fees (sales, registration, etc.) were eliminated on vehicles that averaged 40 or more mpg? I'm sure that would stimulate sales of green cars and encourage manufacturers to produce all sorts of very efficient vehicles.

I think it has to be much more significant. Maybe $5K on the purchase of a passenger vehicle that gets over 40 MPG and $2K for a vehicle that gets over 35 MPG. Coupled with a $5K tax on passenger vehicles that get less than (say) 20 MPG and $2K tax on passenger vehicles that get less than 25 MPG. Would need to be phased in to allow the auto companies to catch up.

The other option would be to put the MPG tax penalty/credit on the yearly registration renewal... that would help get older gas guzzlers off the road. And you could fine tune it... say $50 per MPG rating credit per mile over 28 MPG and $50 tax per MPG rating under 28 MPG. So if you had a car that got 40 MPG you would get $600 per year. If you had a car that got 25 MPG you would pay $150 per year. The zero number might go up 1 MPG every year for 10 years.

Do that and the gasoline portion of the problem is solved in 10 years... and it's technology agnostic.



To: bentway who wrote (338393)5/23/2007 9:50:33 AM
From: Jim McMannis  Read Replies (2) | Respond to of 1574249
 
Who's going to subsidise the states for lost revenue then?



To: bentway who wrote (338393)5/23/2007 9:50:44 AM
From: Elroy  Read Replies (2) | Respond to of 1574249
 
How about if instead of a tax credit, ALL taxes and fees (sales, registration, etc.) were eliminated on vehicles that averaged 40 or more mpg? I'm sure that would stimulate sales of green cars and encourage manufacturers to produce all sorts of very efficient vehicles.

And of course people that don't own cars should receive the biggest tax credits since they are doing the most to keep America energy dependent as far as gas goes, right? Hell, the government might as well pay people to not own cars.