CutCrude : Tax Policy

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Tax policy is supposed to encourage behavior beneficial to our nation.
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After 32 years sans action Congress is to vote to require average mileage of 35 mpg by 2020: 12 years hence.
Pathetic, given college kids can rig a car to get 100 mpg.
No wonder Detroit likes the bill - they can do it with one hand behind their backs and never leave their comfort zone - oh yippee!
Why not raise the bar and make it 2 mpg/yr/model?
Result: today's mpg + 24. Better, dontcha think?

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One more time:
Save 1 gallon of gas a day and we need buy no more crude from mideast - how simple can it get?
Our troops are getting killed for naught. Is a little thought, discipline and inconvenience too much to ask of you?
We are talking more than 1,000,000,000 [billion] barrels of crude per year. Let them pour it in the sand.

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I see where Toyota has a pickup out that gets 18mpg & costs $35K and has a 381 hp engine.
Whoopee!
How's that for arrogance with gas @ $3?
No good me contacting KY [state or feds] as Toyota has a plant here [read KY jobs].
But the rest of you can contact your congressional delegation [below].
Demand a $5K tax on these hogs to go equally as tax credits to buyers of vehicles getting 40+mpg.
This is revenue nuetral. It punishes wastrels and rewards people trying to help solve the problem.
Probably makes to much sense in Washington:
Try Anyhow!

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Instead the Bush administration signed into law a tax writeoff against taxable profits equal to the first $100,000 cost of an SUV. This has been going on since before, as well as during, the Iraq war. Children know an SUV burns more gas than normal vehicles. We know the Iraq war is about our thirst for oil.
We say: if the rich want a gas guzzler with a 300HP engine, fine: let them pay for it.
We resent the energy waste and despise the arrogance of leaving the bill for the shortfall in tax revenue to survivors of our troops slain in Iraq.
This is rotten to the core. The stench makes me sick.
Shame on Bush, Cheney & Congress!

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The Bush administration also cut the capital gains tax a whopping 25% from 20% to 15% in the face of impending war.
Guess who gets the bill for the shortfall in tax revenue - again.
Guess who did not get a 25% cut in income tax.
See the pattern? Tired of the crap?
Participate in the process.

Suggested Future Tax Policy Basis:
Penalize those wasting crude oil. Reward those who are cutting crude oil usage and imports.
The net impact will be beneficial to our nation.


[1]
Demand repeal of the SUV idiocy above ASAP.

[2]
US Supreme Court Said:
The USEPA has offered no reasonable explanation for refusing to regulate carbon dioxide and other emissions from new cars and trucks........

Demand a law requiring a minimum fuel efficiency of 25mpg to increase by 3mpg per year on vehicles made in America as well as those imported models. Collect a surtax of $1000 per mpg less than the benchmark on each such vehicle sold or imported delivers. Put this money in a fund and pay it out as a pro rata tax credit to those buying such vehicles that exceed the mpg benchmark in that year. This baby costs nothing as it is revenue nuetral.
The rich pay for their excesses and the regular guy gets rewarded for helping America. Sounds downright patriotic!

[3]
Demand a law granting a $5000 federal tax credit for anyone starting a vanpool and a $5000 annual tax deduction for anyone operating one.
A 14-passenger van can replace as many as 13 other vehicles. Do the math.

[4]
Demand a federal tax credit equal to half the cost of the installation of a solar heating system in home and/or business.

[5]
Demand a federal tax credit equal to half of development costs for energy saving products AFTER such products are on the market.
Suggestion II on our technology page would qualify.

[6]
Demand a federal tax credit equal to half the cost of retrofit if Suggestion I on our technology page gets off the ground.

[7]
The $10 billion profit per quarter Exxon is making is clearly a consequence of higher crude oil prices which are a result of a the Iraq war.
Demand the government recapture half of such profit from Exxon and others under a Wartime Excess Profit Levy.
This money would be better spent on energy tax credits.

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