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It's not just California: Michigan wants to raise the gas tax, too
California isn't the only one taking aim at the pumps in an effort to raise state revenue. The Michigan state legislature is also proposing a hike in its gas tax that could potentially make its gas taxes the highest in the nation. The current nineteen cent per gallon tax on gas, and fifteen cent per gallon tax on diesel, would be replaced by a simple 18% tax on the wholesale prices of both. Michigan says that the state isn't earning enough now that people are driving less, and driving more fuel efficient cars. The reasons in for the tax are ... Read more →
California legislature passes budget with a $0.39 per gallon gas "user fee" Jonathon Ramsey
California hasn't been able to borrow money for months, and according to the state's treasurer, it will run out of money in February or March if it doesn't pass a budget and get some income flowing. ...
New York considering 5% luxury tax on expensive cars Jonathon Ramsey
New York Governor David Paterson needs to close a $15.4-billion budget deficit, and has proposed 88 new fees and taxes to do it. One of them is aimed at New York car buyers: a 5% tax on all cars sold ...
BMW announces 335d and X5 xDrive35d pricing Michael Harley
BMW announced pricing for its all-new 2009 diesel models during a live webcast today. Fitted under the hood of the 335d and X5 xDrive35d will be a 3.0-liter twin-turbo diesel rated at 265 hp and ...
Chrysler Financial turns the screws on dealers Michael Harley
It's not getting any easier to be a Chrysler-Dodge-Jeep dealer. Last month, when Chrysler Financial asked banks and investors to renew their $30 billion line of credit, they came up about $6 billion ...
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It's not just California: Michigan wants to raise the gas tax, too 11 months ago on Autoblog
California isn't the only one taking aim at the pumps in an effort to raise state revenue. The Michigan state legislature is also proposing a hike in its gas tax that could potentially make its gas taxes the highest in the nation. The current nineteen cent per gallon tax on gas, and fifteen cent ...
California legislature passes budget with a $0.39 per gallon gas "user fee" 11 months ago on Autoblog
California hasn't been able to borrow money for months, and according to the state's treasurer, it will run out of money in February or March if it doesn't pass a budget and get some income flowing. The majority Democratic legislature has sent Governor Schwarzenegger a budget that contains a suite ...
New York considering 5% luxury tax on expensive cars 11 months ago on Autoblog
New York Governor David Paterson needs to close a $15.4-billion budget deficit, and has proposed 88 new fees and taxes to do it. One of them is aimed at New York car buyers: a 5% tax on all cars sold for $60,000 or more. Notice the phrasing "sold for," not "MSRP of". That means if you add $8,001 in ...
BMW announces 335d and X5 xDrive35d pricing 1 year ago on Autoblog
BMW announced pricing for its all-new 2009 diesel models during a live webcast today. Fitted under the hood of the 335d and X5 xDrive35d will be a 3.0-liter twin-turbo diesel rated at 265 hp and 425 lb-ft of torque (BMW's own flagship 6.0-liter gasoline V12 barely tops it with 444 lb-ft). The ...
Chrysler Financial turns the screws on dealers 1 year ago on Autoblog
It's not getting any easier to be a Chrysler-Dodge-Jeep dealer. Last month, when Chrysler Financial asked banks and investors to renew their $30 billion line of credit, they came up about $6 billion short. To make matters worse, the investors forced the automaker to follow much tighter financial ...
Autoblog Podcast #156: Paukert comes back for more!
Chris, Dan, and Editor Paukert chat and give each other grief. Merriment ensues.
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