cosmo
Well-Known Member
What about those who are too poor to pay for these artificially inflated gasoline prices? Not to mention you'd likely see prices of food go up, unless you kept the emissions control in that sector allowing them tax breaks. The amount you'd have to tax to push people towards more fuel efficient vehicles would be near when the last gas hike was if not more, ~$4.50-5.50 per gallon. That's a huge stressor.The F-series accounts for about half of Ford's profits in the US. It's far less than that worldwide. The government shouldn't be regulating CO2 emissions at all. If they are looking to incentivise people to buy fuel efficient vehicles, they should just regulate the import of foreign oil to maintain a minimum petroleum commodity price (let's say $60/bbl for wti) in the US market. That makes gas more expensive and the money goes towards creating (or restoring) jobs in the energy sector rather than paying for more government waste. As a bonus, it isolates us from opec's destructive market control practices. Obviously, if there was a supply shortage in the US and oil prices went to high, import regulations could be eased to keep the prices in check (maybe $80/bbl for wti).
Vehicles are unfairly pinched by CAFE, but introducing high taxes on gas would likely do more harm than good.
Also, Ford doesn't really make much profit anywhere but FNA. I'm betting the F-series has a larger chunk than just "half" of FNA profit. The operating margin in FNA greatly helps but still, F-series is the blood of Ford. Ask anyone in the know about how much Ford makes per truck. It's comical.
https://corporate.ford.com/content/...arnings/2016/2016-2Q-Corp-Earnings-Slides.pdf
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