Obama won’t raise your taxes?

Well maybe not your federal income tax (yet), but he’ll nail the average working stiff any other way he can possibly imagine. via Michelle Malkin, we get a link to this Yahoo news item.

President Barack Obama is asking consumers to put their money — up to $1,300 per new vehicle by 2016 — behind his plan for higher efficiency standards for cars and trucks and tougher rules on their greenhouse gas emissions. In return, Obama said Tuesday in unveiling the plan, drivers would make up the higher cost of more fuel-efficient, cleaner vehicles by buying less gas at the pump.

It would take just three years to pay off the investment and would, over the life of a vehicle, save about $2,800 through better gas mileage, the president said.

Malkin goes on to describe the health care-related costs whenever government starts fiddling with CAFE standards. They will be substantial.

But never fear! Obama’s government run, state health care program will provide you with health care coverage. (Never mind that federal tax rates in Canada for the same, second-rate, dying in the cue type of health care coverage will run you from between 35% to 50% of your income).

Of course, you then need to move on to the fact that the federal and state governments all rely on the tax income from gas and other vehicle-related taxes to keep their general revenue funds from deflating. You also need to recognize that this plan to raise car prices is coming from the same guy who told us that $4 gas prices were a good thing. Remember also that many of the greens and left-leaning on the political spectrum regularly argue that raising gas taxes as a means of controlling consumer behavior and reducing greenhouse gas emissions is a solid plan.

So watch for your gas taxes to hit the roof soon after Obama and the Dems in Congress get this policy rammed through. Remember also that his forecasts on payback rates for those cars will extend well out into the future every time he gets another price/tax increase.