lafrisbee
Active Member
Excuse me if it has been pointed out (I can not read ALL the posts if I wake up late as I would be here till noon...wait it is 11:30?)“Republican Senator Deb Fischer of Nebraska proposed prohibiting people making more than $100,000 a year from claiming EV tax credits and to end tax credits for EVs that cost more than $40,000 -- levels that would exclude many of the electric vehicles on the market or planned to come to the…”
The language here is clear, this is based on tax credits. Like the previous exhausted tax credits (for Tesla and GM) you only get the money back if you paid it in US federal taxes. Furthermore, the ceiling of 40K, while possibly advantageous for Tesla, is a joke for the overall EV market which this is supposed to subsidize and encourage.
Obviously the details remain to be worked out, but it is simple to see what the attack plan is for the status quo. Make sure that only middle class incomes will be subsidized to buy ‘cheap’ BEVs, cause you know, ‘for da people!’. The fact that this combination will apply to only a small percentage of buyers, especially the BEV price tag, sounds terrific to them.
But the Senator is from a CORN state... which rhymes with oil which stands for pollution. This Senator is being a sneaky fatherless male child (Happy Audubon ). He is protecting his income stream....I mean his lobbyists... er, I mean the great people of Nebraska (that actually don't live there but own the huge farms that damage the Earth through intense management using pesticides and fertilizers).
The plan he has is Brilliant. To appear to focus on bringing EV's to the poor, and not giving the already wealthy upper-class more government money (like the owners of the large corn fields get in subsidies on many levels), all the while pretending/appearing to be pro EV! Be rilliant!
You really have to give it to that S.O. second letter of the alphabet (Now I've kept from offending Audubon twice in the same post...give me a cookie!).
EDIT: Paracelsus posted while I was typing, and beat me to it, and said it better...I guess. But I am going to let this stay right here to reinforce that the sumbitch didn't fool us.