HipAeroNerd

As I have argued in a previous posting, the key to protecting our environment is the use of financial incentives and disincentives. Transportation contributes a large amount of the greenhouse gases that are released into the atmosphere each year. The carmakers have technology, such as hybrid gas-electric engines and 6-speed transmissions, that can reduce emissions. However, these would make the cars more expensive, and so they have generally not been pursued.

To counter this, the Tom Party would create a national excise tax on automobiles. All cars that get better than 30 miles per gallon will not have to pay the tax. The more a car is under the 30 miles per gallon, the more they will pay. For example, an SUV that averages 15 miles per gallon would pay an excise tax of $1500, will a car that averages 26 would pay $200. The taxes collected would be used on other environmental protection measures.

Having to pay a $1500 excise tax will make those soccer moms think twice about buying that Expedition!

This entry was posted on Monday, April 18th, 2005 at 12:17 pm and is filed under Politics. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.