Word: surtaxes
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DRIVING. A 100 per gal. gasoline surtax could save as much as 450,000 bbl. of oil a day. A 300 charge could conserve 750,000 bbl. a day. The FEA bases these estimates on recent experiences of how much gasoline demand went down as prices went...
...daily usage. Given the political will, the nation could make even more enormous savings in ensuing years. The ripest area for cutbacks is in transportation, which uses 60% of all oil consumed by the U.S. The FEA has worked out a comprehensive program of a 300 per gal. gasoline surtax, mandatory fuel efficiency standards for new cars, high excise taxes on low-efficiency autos, and additional spending and operating subsidies for mass transit. Anticipated extra savings: 1.7 million bbl. a day by 1980, rising to 2.3 million...
...leaped as much as $80 per room. Public transport and electricity rates were increased, and the price of gasoline rose sharply to $1.81 a gallon. Added taxes were put on "luxury" goods, including imported beef as well as cameras and alcohol. The most unexpected and resented increase was the surtax on automobiles. Italy's 12 million automobile owners will now have to pay a one-time surtax ranging from $10 on a Honda to $50 on a family-size Fiat 124, to $400 on a Lamborghini and $575 on a Rolls-Royce. "We know well that we are asking...
...should expand by $35 billion, with small and medium businesses that are engaged in export given preference. Meanwhile, almost $5 billion in new taxes and charges is likely to be levied, including higher transportation and utility rates, stiffer taxes on fancy foods and other consumer goods, an auto-license surtax and a possible 100% increase in the $20 national tax on television sets...
...growth. Beyond that, Barber unveiled restrictions on installment buying of everything from refrigerators to automobiles. Consumers now will be required to pay one-third down and the rest within 24 months. Barber also imposed additional taxes on rental properties and ordered Britons earning over $17,500 to pay a surtax amounting to about a 1% raise in taxes...