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Re: Research Tax
Personally, I think the only SUVs that are going to be garaged by higher gas prices are the ones that are actually used for work, hauling, etc. I mean, the people that go out and spend $30-$80k on an SUV probably aren't going to be hurting by shelling out another $10 in gas every week. Also, if we add a $0.50 tax to gas to find something to replace it, OPEC will probably raise prices even more since they have a chance to lose their biggest customer. If I owned a company, and realized my biggest reseller was spending some of the profits to find something better than what I was providing, I wouldn't be very happy. And since people are currently dependant upon gasoline, they'll still HAVE to buy it. If gas prices jump dramatically, I don't think everyone is going to be able to run out and buy a hybrid car. My car probably has a trade-in value of $1,000 or so.. I don't think I can easily come up with the other $15,000 or so (nor do I really want to spend every cent I make on car payments).
There's enough gas to last quite some time so I'm not all to worried. We're making progress without a $0.50 gas tax, and I don't believe we're that low in crude oil. So I'm opposed to this.
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