GM Responds to News Stories About Gas Tax Increases
21 October 1997
General Motors Statement in Response to Wire Story ReportsWASHINGTON, Oct. 21 -- The following statement was issued by General Motors in response to wire story reports that GM supports a 50 cent per gallon gasoline tax increase. It may be attributed to William H. Noack, GM Director of Public Policy Communications: GM has long favored allowing the market to sort out the transportation needs of American consumers. To the extent, however, that environmental or other public policy considerations indicate that steps should be taken to reduce gasoline consumption, we believe increasing the cost of driving is preferable to regulatory mechanisms such as increased federal fuel economy standards. SOURCE General Motors