Gas Guzzles Tax: Are Classic Cars Impacted?
What is the Gas Guzzlers Tax? “Gas Guzzler” is a wonderfully alliterative term that refers to cars that don’t meet the EPA (United States Environmental Protection Agency) gas mileage threshold. In 1978, the Gas Guzzlers Tax was created by Congress under the Energy Tax Act to motivate car manufacturers to produce more energy-efficient cars and […]
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