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Cash For Clunkers:
House Democrats recently passed a compromise http://www.usatoday.com/money/autos/2009-05-11-chrysler-gm-cash-clunkers_N.htm#chart that would give cash incentives to owners of gas guzzlers who want to trade up to a greener vehicle. That’s a good start – it’s the “carrot”. But they left out the stick: Charge the owners of these gas guzzler vehicle every time they re-register their vehicles. I’m thinking along the lines of $20 per mile under the national EPA average 22 MPG, per year. So if you drive a car that gets 16 MPG, you will pay an extra $160 each year. The extra registration fees collected will help pay for the cash-for-clunker program, so it won’t have to be totally funded out of the taxpayers’ pockets. I think that’s fair. What do you think?