Government Motors CEO wants your gas taxes to skyrocket

Don't believe in coincidences -- when the government owns your company, it also owns your soul. Oh, and I'll never buy another GM car after this. They should pay a price for becoming an industrial arm of the Obama regime.

General Motors Co. CEO Dan Akerson wants the federal gas tax boosted as much as $1 a gallon to nudge consumers toward more fuel-efficient cars, and he's confident the government will soon shed its remaining 26 percent stake in the once-bankrupt automaker....

A government-imposed tax hike, Akerson believes, will prompt more people to buy small cars and do more good for the environment than forcing automakers to comply with higher gas-mileage standards.

"There ought to be a discussion on the cost versus the benefits," he said. "What we are going to do is tax production here, and that will cost us jobs."

For the years 2017-25, federal officials are considering 3 percent to 6 percent annual fuel efficiency increases, or 47 mpg to 62 mpg. That could boost the cost of vehicles by up to $3,500.

"You know what I'd rather have them do — this will make my Republican friends puke — as gas is going to go down here now, we ought to just slap a 50-cent or a dollar tax on a gallon of gas," Akerson said.

"People will start buying more Cruzes and they will start buying less Suburbans."

No, they'll just go broke filling the tanks on their current cars because credit is so tight many Americans can't get loans. And the economy will continue to struggle under the weight of a massive new tax on its lifeblood. That's likely to put more Americans out of work, and among other things, being out of work makes it very hard to buy a new Cruze or any other car. Government Motors' CEO has adopted Obama's energy price skyrocket scheme.