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gas guzzler tax

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gas-guzzler tax

–noun
a tax imposed on the purchase price of an automobile not meeting fuel efficiency standards.

Origin:
1985–90
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Financial Dictionary

Gas Guzzler Tax

An additional tax on the sale of vehicles that have poor fuel economy.

Investopedia Commentary

A vehicle is subject to a tax if it gets less than a certain number of miles per gallon. This is one of many reasons why you no longer see car manufacturers producing 1970s-style gas-guzzling, oil-burning, road-crushing beasts.

See also: Corporate Tax, Income Tax, Taxes

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