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Gas tax and small cars eyed in energy crisis debate
President Nixon considered a progressive gasoline tax but rejected it due to tax pledges. Akins argued a 5 percent annual levy could save 4 billion dollars yearly and deter consumption, while endorsing small cars to cut foreign oil dependence. He warned the crisis will worsen and urged boosts in domestic production and Alaska pipeline progress.
MENTIONED IN THIS ARTICLE
Charles Sutton
Nixon
JE. Akins
White House
Akins
Alaska
Saudi Arabia
Sen
Henry Jackson