Tuesday, March 6, 2007

Clinton Might Tax Gas Guzzlers

Hillary Clinton has indicated that she may support higher taxes for cars with low fuel efficiency. She made the comments yesterday while touring the key state of Iowa, a leading producer of the alternative and renewable fuel source, ethanol.

Clinton said that "Every one of us has to change how we live, how we do business, how we think about energy, and one of the ways we know how to do that is to provide incentives and disincentives through the tax code."

A tax on cars with low fuel efficiency would encourage energy conservation, Clinton argues.