Gas Guzzler Tax

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Gas Guzzler Tax

A tax levied on manufacturers and importers producing or importing cars with gas mileage of less than 22.5 miles per gallon. Instituted in 1978 as part of a wider effort to reduce reliance on oil, the gas guzzler tax largely halted the production and sale of extremely large family cars seen previously. It does not apply to trucks or sport utility vehicles. See also: Green Fund.
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References in periodicals archive ?
In addition to desirable vehicle attributes, the negative impact of federal gas guzzler taxes was also taken into consideration.
The coefficient values for the gas guzzler taxes, particularly the first and fourth tier, are generally higher than expected.
Taking their place at the zenith of the lineup, these new coupes are filled with the styling, performance and singularity required to justify a price (including gas guzzler taxes) of $101,900 for the 500SEC and $135,700 for the 600SEC.