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GM’s (Other) CEO Calls For $1 Gas Tax Hike

From CNN’s Money.Com:

GM CEO calls for $1 gas tax hike

By Chris Isidore, June 7, 2011

NEW YORK (CNNMoney) — General Motors CEO Dan Akerson said his company and his industry would be helped, not hurt, if consumers paid higher gas taxes.

In an interview published in Tuesday’s Detroit News, Akerson floated the idea of a $1 a gallon increase in the gas tax as a way to encourage buyers to purchase smaller, more fuel efficient cars. Greg Martin, spokesman for GM’s Washington office, confirmed that the quotes reflect Akerson’s and GM’s view.

And, of course, this reflects his boss’s view as well.

Akerson said he would support a jump in the gas tax if it came instead of tighter fuel economy regulations that GM and other automakers will have to meet in coming years. By the year 2025, automakers could be forced to hit fuel economy averages of as much as 62 mpg.

How can fuel economy regulations be a problem when we will all be driving electric cars like the GM Volt in the very near future?

Akerson said that a higher gas tax, including an immediate 50-cent-a-gallon increase to take advantage of recent declines in gas prices, would probably make some of his Republican friends "puke." But he said it would do more to help the environment than the pending fuel economy rules.

We thought that our recent experiences have proved that recessions do not help the environment after all.

"There ought to be a discussion on the cost versus the benefits," Akerson told the paper. "What we are going to do is tax production here, and that will cost us jobs."

So the UAW would rather that we all suffer, rather than muss one hair of any of their members.

Martin acknowledged such a gas tax hike would be very difficult, if not impossible, to pass, and added that GM is not going to actively push for a gas tax hike as part of its legislative agenda. "As a company we understand that’s a decision that resides with Congress and policymakers," he said.

How big of him.

The current federal gas tax is only 18.4 cents a gallon

"Only"? We think that is pretty outrageous in its own right.

(Thanks to BillK for the heads up.)

This article was posted by Steve Gilbert on Wednesday, June 8th, 2011. Comments are currently closed.

11 Responses to “GM’s (Other) CEO Calls For $1 Gas Tax Hike”

  1. BillK

    Not content with the money they’ve already received from you, GM thinks it would be great if you gave up more.

    From CNN:

    GM CEO calls for $1 gas tax hike

    By Chris Isidore

    NEW YORK (CNNMoney) — General Motors CEO Dan Akerson said his company and his industry would be helped, not hurt, if consumers paid higher gas taxes.

    http://money.cnn.com/2011/06/0...../index.htm

    Mr. Obama’s actions start to make more and more sense every day, don’t they?

    Really, it’s all for your own good

  2. P. Aaron

    So, being GM chief is really a cabinet position including Obama’s taking points?

  3. Rusty Shackleford

    “By the year 2025, automakers could be forced to hit fuel economy averages of as much as 62 mpg.”

    This, of course, all thought up by bureaucrats who know nothing of physics or construction techniques. Remember the 80’s? Remember car mfrs doing their best to conform to Jimmah’s CAFE standards? cars shrunk, engines shrunk and there were lots and LOTS of very bad auto designs coming from Detroit. The first of these was Cadillac’s 8-6-4 engine “technology” that was all good in theory but so troublesome and useless that Cadillac owners paid extra to technicians to disable it.

    I’m not even saying that the Detroit auto engineers are a bad lot, they had lots of great ideas, but the money people and marketers only cared if the product sounded or looked appealing, so as to sell more cars. But what their actions actually accomplished was, by rushing products to market prematurely, to swerve many former-faithful US car buyers to go Japanese. And most of them have never returned. Honda has the biggest brand loyalty of all, followed by Toyota then Nissan. They got tired of the Detroit Gimcrackery and decided to go with good, safe, reliable cars with proven technology.

    So, BOHICA, you faithful American car buyers. There are ways to make cars more fuel efficient, when forced by government diktat, all of which will drive cars into truly stratospheric costs. Sure, you can make them out of plastic, or hemp I suppose and that would make them lighter, but when against a massive opponent on the road, say, a head-on with a Ford F-250, I’m not so sure I’d want a plastic car.

    Then, to meet the (completely arbitrary) goal of 62 mpg, engines will, once again, have to become smaller and less powerful by default. Although engines in today’s cars are much better at getting more horsepower out of smaller displacement, there is a point at which the law of diminishing returns shows up. And, for the record, car engines became more efficient in the past 20 years, not by government fiat, but by car makers truly wanting more power from a smaller/lighter powerplant. And, it takes time for materials technology to get there. Research and trial and error periods are of unknown outcome value, in other words no one knows if it will work, for how long, and how well until some time has passed and all variables accounted for.

    But again, bureaucrats think that throwing money at it will produce superior results. It is the biggest fallacy in the socialist lexicon. I use, again, my Queen Isabella analogy…..by socialist thinking, had she dumped all her money into Chris Columbus’s sea voyage, Chris would’ve had nuclear powered ships to tour the oceans in. Just throwing money does not make technology “arrive”. So, given the lack of critical thinking on the part of socialists, they still think they can buy their way into a utopian, non-oil burning future. Well, Stargate and “Zero Point Modules” are great science fiction but the key word there is fiction.

    Alas, the dreams and desires of socialists for that “perfect world” is really harmful to those of us who have to live in reality.

  4. theforgottenman

    “Martin acknowledged such a gas tax hike would be very difficult, if not impossible, to pass, and added that GM is not going to actively push for a gas tax hike as part of its legislative agenda. “As a company we understand that’s a decision that resides with Congress and policymakers,” he said”

    No GM wouldn’t push ‘their” legislative agenda this way. “Their” legislative agenda was passed by Obama 30 seconds after he was elected. But like all legislatures, GM’s is running a little dry now an may need a boost from the bureaucrats once again.

    No thought of anyone footing the bill for all of these shenanigans. We are the forgotten ones. The ones who eat and live and die and pay taxes and have to like everything they do because they know better. They are our overlords who have a thinking level higher than our own, so much more sophisticated and analytical than we.

    Why would any self respecting professional journalist publish the idle fantasies of those in “big business”. What a joke! The press, looking out for the welfare of the little guy. Fulfilling their constitutional responsibility as the check and balance to our free society. Here they are, promoting the welfare of the few over the welfare of the masses. This would destroy impoverished Americans and hurt the poor the most, as does virtually all of the leftist policy.

    As they look around themselves, don’t they ever ask if any of this would make sense, or are they just happy to go home after dutifully reporting their state monitored drivel and fix a martini and forget about their miserable existences?

  5. tranquil.night

    “So the UAW would rather that we all suffer, rather than muss one hair of any of their members.”

    Right? I wonder if the UAW ever wondered if bargaining for Viagra coverage for their members was a ‘tax on production.’

    Probably not. They probably thought it increased productivity.

    • tranquil.night

      “Of course, if Akerson gets his way, a lot of people will avoid the huge new gas tax by driving less. This would have disastrous effects on many industries which depend on highly mobile consumers, from retail sales operations and restaurants to delivery services and entertainment. People who think like Akerson would be reliably surprised by the ‘unexpected’ economic collapse which followed, just as they are surprised by the current one.

      One of the fatal weaknesses of social engineers is their belief that they can harness disobedience, and use it like a chisel to carve a captive population. Disobedience doesn’t work that way. It’s chaotic by nature.”

      Of course, they don’t mind the chaos either. It just breeds more demand for government too.

      Doc0 – Law and Its Shadow

  6. eaglewingz08

    I knew GM’s honcho was lying about gas taxes. The tax on DIESEL is 18.4 cents. The fed tax on regular gasoline is FORTY EIGHT CENTS; and that does not include state and local taxes, or the regulatory costs (taxes) imposed by the ethanol subsidies and the required blend regulations that skyrocket gas prices. If Ackerson wants to pay higher gas taxes, he should pay for the taxes of the American people by giving back the bailout plus interest at 9 percent. Luckily, the Republican Congress would never go along with this anti american anti business proposal by a FoO (friend of Obama). But we know that Obama is salivating to do this.

  7. Right of the People

    This clown needs to shut his piehole. GM builds some of the least fuel efficient cars out there, the Corvette, the Camaro, the entire Cadillac line, their pickups. Hell they killed their only car line they had that made small, moderately efficient cars, Saturn. Duh!

    They could build truly efficient cars if they needed to but style has always come first then power and lastly if they could manage it, efficiency. Look at GM’s history of attempts to build economical cars, the Vega, Cavalier, Cobalt, all garbage! For a time they imported Suzuki’s, Isuzus and Toyotas under the Geo name badge and those were probably the best small cars they ever offered but never has there been anything out of Detroit worth buying if you wanted fuel efficient and safe.

    • Liberals Demise

      We bail his miserable company out and what does he do to repay the favor?
      Kicks us all in the crotch! Here is to hoping I meet his stupid ass at the
      pumps!!

  8. canary

    FACT: GM wants to force us to buy their overpriced autos, even when it’s obvious they will never pay their loan back. I had to rent their littlest sub compact and it was a gas hog and it felt like your feet were dragging on the pavement.

  9. canary

    FACT: GM wants to force us to buy their overpriced autos, even when it’s obvious they will never pay their loan back. I had to rent their littlest sub compact and it was a gas hog and it felt like your feet were dragging on the pavement. This was a couple of years ago, it wasn’t a hybrid or smart car.




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