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Who's in Favor of Higher Gas Taxes? The Vice Chairman of GM
Topic Started: Jan 12 2010, 08:15 AM (163 Views)
QuirtEvans
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I Owe It All To John D'Oh
http://money.cnn.com/2010/01/11/news/companies/lutz_gastax/index.htm
It would be unwise to underestimate what large groups of ill-informed people acting together can achieve. -- John D'Oh, January 14, 2010.
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Mark
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HOLY CARP!!!
Yeah, the Vice Chairman of a failed corporation thinks he knows what's good for us?

Fvck him!
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When I see an adult on a bicycle, I do not despair for the future of the human race. H.G. Wells
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Renauda
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HOLY CARP!!!
And all along I was under the impression Mark was in favour of consumption taxes- especially on imported products. Apparently I was mistaken.
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ivorythumper
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I am so adjective that I verb nouns!
No sh!t. He gets to move people who are buying inefficient cars to buying new ones. Anyone who is already on the road and planning on keeping their car is not a potential customer of GM. I would also suspect GM is in line for beau-coup bucks from the Guv for R&D money.

This is news why?
The dogma lives loudly within me.
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Mark
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HOLY CARP!!!
Renauda
Jan 12 2010, 09:16 AM
And all along I was under the impression Mark was in favour of consumption taxes- especially on imported products. Apparently I was mistaken.
Not so long as they are taxing income.

Do away with that first and yes, I would prefer consumption tax.

Certainly not both!
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When I see an adult on a bicycle, I do not despair for the future of the human race. H.G. Wells
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big al
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Bull-Carp
Fuel taxes are going to have to rise and/or other taxes be used to supplement highway funding or there won't be any roads left to drive all those pretty new cars on. Every state that I know of is struggling to fund transportation construction and repair projects. That's why there is increased discussions of toll roads, applying tolls to existing roads and bridges, selling roads and bridges to private operators, and various other schemes to raise revenue. With flat miles travelled, increases in fuel economy, and inflation of construction costs, flat gas taxes are more and more inadequate as the main funding stream.

Big Al
Location: Western PA

"jesu, der simcha fun der man's farlangen."
-bachophile
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ivorythumper
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I am so adjective that I verb nouns!
big al
Jan 12 2010, 10:53 AM
Fuel taxes are going to have to rise and/or other taxes be used to supplement highway funding or there won't be any roads left to drive all those pretty new cars on. Every state that I know of is struggling to fund transportation construction and repair projects. That's why there is increased discussions of toll roads, applying tolls to existing roads and bridges, selling roads and bridges to private operators, and various other schemes to raise revenue. With flat miles travelled, increases in fuel economy, and inflation of construction costs, flat gas taxes are more and more inadequate as the main funding stream.

Big Al
OK Al, but that has nothing to do with the argument that VP-GM is making. His argument is to get people to plan on buying *new* cars that are more fuel efficient through pigovian taxes on fuel.

You might well be correct about the problem of infrastructure maintence at current tax levels, although I would like to see hard data on that. The way highway departments practice planned obsolescence in freeway design, they are using are tax dollars so flipping inefficiently that it is criminal -- all to ensure that each year they continue to have their own jobs -- I am not particularly persuaded by your appeal to continue funding by raising tax rates without a serious discussion about cost containment.

The fact is, back to Lutz's point, more efficient cars means less gas for the same amount of wear and tear on the roads and therefore less gas tax revenues. I doubt that is of any concern to him. He is in the business of selling cars.
The dogma lives loudly within me.
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ivorythumper
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I am so adjective that I verb nouns!
Mark
Jan 12 2010, 10:09 AM
Renauda
Jan 12 2010, 09:16 AM
And all along I was under the impression Mark was in favour of consumption taxes- especially on imported products. Apparently I was mistaken.
Not so long as they are taxing income.

Do away with that first and yes, I would prefer consumption tax.

Certainly not both!
Mark: some people can only understand half of a conversation.
The dogma lives loudly within me.
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