New York Times: Tax Gas to $4 – $5 a Gallon Minimum

new york times tax gas to 4 8211 5 a gallon minimum

While occasional NYT carmudgeon Ezra Dyer’s busy celebrating high horsepower motor cars, his paymaster’s editorial board has announced their desire to have the incoming administration tax the bejesus out of the go-juice fueling Dyer’s cool whips (Bryan?). After bemoaning the lowered price of fuel’s dampening effect on Americans’ desire to buy the fuel-efficient vehicles that Uncle Sam, in his infinite wisdom, has mandated, The Times gets down to business. “There are several ways to tax gas. One would be to devise a variable consumption tax in such a way that a gallon of unleaded gasoline at the pump would never go below a floor of $4 or $5 (in 2008 dollars), fluctuating to accommodate changing oil prices and other costs. Robert Lawrence, an economist at Harvard, proposes a variable tariff on imported oil to achieve the same effect and also to stimulate the development of domestic energy sources.” BUT WHAT ABOUT THE POOR PEOPLE? “In both cases, the fuel taxes could be offset with tax credits to protect vulnerable segments of the population.” Uh, is a major recession really the best time to raise the price of a basic commodity? No but…

“If the Obama administration is to meet its twin objectives of reducing the nation’s dependence on foreign oil and cutting its emissions of greenhouse gases, it needs to start thinking now about mechanisms to curb the nation’s demand for energy when the economy emerges from recession in the future.”

Interesting. Put that one on the back burner for us, will ya? Thanks.

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  • Landcrusher Landcrusher on Dec 30, 2008

    AgentX, Nonsense. I have stated already that working poor people don't pay gas taxes. See the original post for more info.

  • U mad scientist U mad scientist on Dec 30, 2008

    Are you talking about public transportation or tax credit. For the first, you're mistaking 'urban' for 'poor', and the second is essentially making the tax more progressive, but how would that even be implemented? You save up your reciepts?

  • Luke42 I like the Metris quite a bit, but I never bought one.Two problems kept me from pulling the trigger:[list=1][*]It was expensive for what it was.[/*][*]For the price they were asking, it needed to have a plug for me to buy it.[/*][/list=1]I wanted a minivan that could tow, and I test drove one and liked it. The Mercedes dealer stocked both cargo versions and conversion vans. It was a nice vehicle, and I really wanted one for a while.This is the inevitable fate of cars that I like, but don't actually buy.
  • Garrett I would have gone for one of these if it had AWD. If they had offered it, it could have done far better.
  • Michael500 Sorry, EV's are no good. How am I supposed to rev the motor to impress girls? (the sophisticated ones I like).
  • Michael500 Oh my dog- this is one of my favorite cars in human history! A neighbor had a '71 when I was a child and I stopped and gazed at that car every time it was parked outside its garage. Turquoise with a black vinyl. That high beltline looks awesome today!
  • ScarecrowRepair I'd love an electric car -- quiet, torque, drive train simplicity -- but only if the cost was less, if recharging was as fast as gas (5 minutes) and as ubiquitous. I can take a road trip and know that with a few posted exceptions (US 50 from Reno to Utah), I don't have to wonder where the next fuel station is, and if I do run out, I can lug a gallon of gas back.Sure I'd miss the engine sounds and the joys of shifting. But life is all about tradeoffs.