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Article: PAY, AND PAY SOME MORE.(News)(Brief Article)
- Article from:
- AutoWeek
- Article date:
- October 17, 2005
- Author:
CopyrightCOPYRIGHT 2005 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: ANDREW LUU
You see it on the window stickers of big-engined (and usually high-priced) performance cars: It's an extra few thousand dollars to go with the words "Gas Guzzler Tax.''
Established in 1978 as part of federal energy saving measures, the tax applies to cars with poor fuel economy as defined by law and is intended to discourage the production and purchase of fuel-gorging vehicles.
What is it that some say is the law's biggest flaw? The tax doesn't apply to trucks and sport/utility vehicles, which only made up about one-quarter of the vehicles on the road when the tax went on the books; today they represent roughly 50 percent of ...