GM’s Bob Lutz Says Higher Gas Tax Would Help

When I visited my former college roommate in northern England last summer, one thing that stood out in my mind was the price of gas. My roommate did the math for me (since they sell it by liter rather than by the gallon) and it was about $10 per gallon. Can you imagine spending $150 to fill your tank?

Most of these high prices come from gas taxes, and the idea has been bounced around the US too. It isn’t a very popular idea here, but GM’s “Maximum” Bob Lutz thinks a higher gas tax would help. And this from the guy who declared global warming a “crock of shit”.

Read more of this story »