www.My-Bright-Idea.com

 

Area

 

Vehicle Fuel Efficiency

 

Problem
Statement

 

To Increase Vehicle Fuel Efficiency (for all two-axle vehicles, owned by individuals or companies) – The yearly, “Gas Hog Program Fee” (GHPF) is proposed. 

 

The goal is to retire older, less fuel efficient vehicles and encourage new design and production of highly efficient transportation.

 

Solution

 

When individuals/companies/fleets renew their registration(s) (with a state), a GHPF should be levied, using the established MPG ratings, based on Make/Model/Year/Engine combination.

 

There would be two categories, each with its own ratings:

  - Cars
  - Vans/Trucks (all others)

That is, cars would be rated against only cars, and all others would be rated separately from cars.

 

All vehicles should be included in one of five quintiles of energy efficiency.
  - Worst 20% - Levy a Yearly $500 Impact Fee
  - Poor 20% - Levy a Yearly $250 Impact Fee
  - Acceptable 20% - No Fee
  - Good 20% - No Fee
  - Best 20% - Receive a maximum of $100 toward State Registration (Fee to be paid by the “Gas Hog Program Fee” (“GHPF” - Federal Fund)

 

GHPF funds raised by these yearly registrations would be used to promote/stimulate R&D to improve MPG.

 

Remarks
Explanation

 

But unlike the one-time “Gas Guzzler Tax” on new cars, this GHPF is yearly, and applies to new and used vehicle.   See:

  - http://en.wikipedia.org/wiki/Energy_Tax_Act

  - http://www.fueleconomy.gov/FEG/info.shtml

  - http://www.epa.gov/fueleconomy/guzzler/index.htm

 

For those low-income IRS 1040 filers (Adjusted Gross Incomes near the HHS Poverty Guidelines (HSSPG -  http://aspe.hhs.gov/poverty/08Poverty.shtml)): this fee could be refunded as a tax credit, for each vehicle (using VINs (Vehicle Identification Numbers) as a):

  - 0% Credit (Refund) at 200% of the HHSPG

  - 100% Credit (Refund) at the Poverty Threshold

  - With a scaled-rate for incomes between these two figures

 

Submitted
By (name)

 

Curt Haggard

 

Contact
email

 

cdhaggard@cdhaggard.com

 

 

Number:  017