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...flow of foreign oil into the U.S., which is the chief goal of the President's energy program. The complex energy bill is now before a House-Senate conference, and last week the conferees approved one of the key Administration-supported measures. The legislators tentatively accepted the "gas guzzler tax" in just about the form the President first presented it. Under this law, which would take effect next fall, cars delivering less than 15 m.p.g. will cost an extra $200; those getting less than 14 m.p.g. will be taxed $300. If the mileage is below 13, the bite will...

Author: /time Magazine | Title: Business: 78 Outlook: One More Good Year | 12/19/1977 | See Source »

...guzzler tax An important conservation measure in the Carter plan was his call for steep taxes by 1985 on cars that get fewer than 27.5 m.p.g. The tax was to run as high as $2,488 for the worst guzzlers, and there would be rebates for fuel-efficient cars. The House lowered the mileage target to 23.5 m.p.g., but hiked the tax to a maximum of $3,856. The Senate scrapped the whole approach, and chose instead to write in a complete ban by 1985 on cars that get fewer than 21 m.p.g. The two minicommittees have yet to choose...

Author: /time Magazine | Title: Energy: Where the Carter Plan Stands | 11/28/1977 | See Source »

...Guzzler Tax Carter proposed slapping penalty taxes on people who buy big, energy-inefficient cars starting next year. The Senate voted last week to delay the tax to 1980-but to make it practically confiscatory. Its bill would place a stunning $10,000 tax in 1980 on each new car that got less than 16 m.p.g., which would have the same effect as banning production outright...

Author: /time Magazine | Title: Energy: Hard Going for Carter's Plan | 9/26/1977 | See Source »

...tippling to the weekly tierce horse race-force cafes to keep large amounts of coins on hand. Last year two crooks who had stolen $80,000 in one-franc coins tried to convince police that the loot was unrecoverable because they had spent it on that greatest French coin guzzler of all-the pinball machines...

Author: /time Magazine | Title: FRANCE: Francs a Lot | 8/8/1977 | See Source »

...also buried, several hundred awed spectators looked on as a gray-painted wooden crate, 6 ft. by 8 ft. by 17 ft., was lowered into the ground by a crane. To deter any grave robbers cum 1964 Ferrari buffs, the crate was covered with concrete. And so another gas guzzler bites the dust...

Author: /time Magazine | Title: The Nation: VVVroom Tomb | 5/30/1977 | See Source »

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