Is New $108 Million Tax on All Cars the Best Way to Ensure American Drivers Are Safe?
Dagen McDowell: They want to study what happened at Toyota and prevent what happened in the future. But you know what prevents it in the future—public embarrassment of Toyota. Not attacks on automobiles. If you were regulating with the power that the government has today and doing your job to being on top of Toyota, you wouldn’t need a new tax. But again, you take money from the hands of the American people, you put it in the hands of bureaucrats, and where does it go? It goes poof. Charles Payne: We also have this oil spill trust fund that they’re going to charge oil companies $0.32 per barrel for, just in case there’s another spill. Of course that will be passed on to consumers. Anything you can think of, we’ll raise $100 million to study it. It’s crazy. When you say you’re not going to raise taxes on a certain percentage of the population, of course you are. When it’s all said and done, we’re all going to be paying through our nose for a Coke, gasoline, and a Toyota. Ben Stein: We a
