The trade-in value on your Prius, fortwo, MINI, etc., is about to take a hit:
Transportation Secretary Ray La Hood is considering a transportation tax based on miles driven, to replace gasoline tax revenue. “We should look at the vehicular miles program where people are actually clocked on the number of miles that they traveled,” La Hood tells the Freep, echoing proposals being considered by Oregon, Idaho, Rhode Island, Massachusetts and North Carolina. La Hood argues that gasoline tax revenues “can not be relied on” to fund infrastructure maintenance, presumably because relatively high prices have caused a downturn in gas tax revenue.
Increasing the gas tax would have the effect of getting more people out of SUVs and into hybrids and smaller cars. Charging everyone the same amount for the miles they drive… well, doesn’t.
They told me if I voted for John McCain, the government would encourage people to waste gas — and they were right!