Gas Guzzler Tax

The Gas Guzzler Tax is a federal tax on new vehicles with high fuel consumption. The tax is based on a vehicle's fuel economy, with more fuel-efficient vehicles having a lower tax rate. The tax was first implemented in 1978 and has been adjusted several times since then. The current tax rates are as follows:

* Vehicles with a fuel economy of 22 mpg or less: $1,000
* Vehicles with a fuel economy of 22-25 mpg: $770
* Vehicles with a fuel economy of 25-28 mpg: $550
* Vehicles with a fuel economy of 28-31 mpg: $365
* Vehicles with a fuel economy of 31 mpg or more: $0

The Gas Guzzler Tax is designed to encourage consumers to purchase more fuel-efficient vehicles. The tax is also used to raise revenue for the federal government.

The Gas Guzzler Tax has been controversial since its inception. Critics argue that the tax is unfair to consumers who purchase large, powerful vehicles. They also argue that the tax does not do enough to encourage consumers to purchase fuel-efficient vehicles.

Supporters of the Gas Guzzler Tax argue that it is a necessary tool to reduce fuel consumption and air pollution. They also argue that the tax is fair because it only applies to vehicles with high fuel consumption.

The Gas Guzzler Tax is a complex issue with no easy answers. However, it is clear that the tax has a significant impact on the purchase decisions of consumers.