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GM Exec calls for higher taxes on Americans
The North American International Auto Show got off to a subdued beginning this weekend. GM unveiled a new Cadillac that will utilize the power train for the Chevy Volt.
But Bob Lutz, GM’s Vice Chairman of Global Product Development, said that changing the buying habits of the American public is going to be difficult in the face of low gas prices, and it’s going to be up to the Obama administration to create an energy policy that gets people interested in buying fuel efficient vehicles.
Did he really just say that he thinks Obama should raise taxes on every American to force them to purchase electric vehicles? What makes him think the Japanese won’t kick the Big Three’s asses in that segment too? It never ceases to amaze me that so many people think the way out economic malaise is through taxation. With idiots like Mr. Lutz in the management of General Motors, it is my fervent hope that Congress rethinks its foolish desire to bail these people out.
