But never say anyone copied anyone. Just, "Great Minds Think Alike"
Uh Huh
Posted on 04/08/2015 10:54:33 AM PDT by C19fan
Tesla has just introduced a new entry level car, but before you fire up your laptop to order one, you should know it's even more expensive than Tesla's current starter vehicle. The car it announced on Wednesday is called the Tesla Model S 70D and it'll start at $75,000, although buyers are eligible for a federal tax credit that brings the price down to $67,500. The Model S starts at $70,000.
(Excerpt) Read more at money.cnn.com ...
Are marshmallows and weenies included in the glove box?
We have a poster here who thinks it is absolutely WUNNERFUL.
He’s also a fanboi of Elon Musk the Obama slobberer.
It’s a tax credit. It lowers his taxes, not redistributes yours. How are your tax dollars subsidizing his purchase? Do you thank him for subsidizing your mortgage deduction?
Add me to to the fanboy club of Tesla and electric cars, in general.
Lots of folks rich enough to buy a car like that get hit by AMT so it’s tricky for them to get the credit.
What could be more ridiculous than an electric car? Oil refined into gasoline is the perfect fuel for cars.
The subsidy does not bring the price down. The price remains $75,000. The subsidy is just a transfer payment from the government, like Welfare, that happens to be available to the very rich people who can afford a $75,000 toy.
Sorry. Pet peeve of mine.
Similarly, every Obamacare plan is more expensive for ever consumer. Some consumers get subsidies, but that does not mean the insurance they are buying is cheaper or free. It just means the purchaser is getting a Welfare check.
Depends on your application.
When 95% of your daily driving is well within an 80-mile commute, and 100 miles costs you about $1, an EV isn’t exactly “ridiculous”.
For the 5% of driving constituting >80 trips, I’ve got the spacious gas-guzzling SUV.
The 100 mile range EVs are worthless. The 200 mile ones have potential(no pun) and are getting more common in southern CA.
In Golden CO, where I was visiting, recharge is free in public garage. What? So I can charge at work and not plug in at home?
What “transfer payment” do you speak of? it’s a tax credit. You “receive” it by reducing your own taxes, not by receiving funds directly from other taxpayers - just like the mortgage deduction nobody complains about. And I’m all about reducing taxes by any means possible & legal.
So you are a fan of taking tax money from others to subsidize it?
I am not.
Tax parasites like Musk, the volt, and Tesla need to be gone.
The 100 mile range EVs are extremely popular around Atlanta. I’m thrilled with mine. I charge at home _and_ (if appropriate for additional running around) at work ($1/hr, 4 hours for full charge).
It’s certainly not ideal for everywhere for everyone, but for certain common commuting conditions it is.
What “taking” do you speak of? it’s a tax credit. It lowers your taxes; it doesn’t redistribute the taxes of others. Are you opposed to all the deductions available to you on your 1040?
So...the oft-lambasted “rich” who buy EVs often don’t get the tax credit, so there is no alleged “subsidize the rich” going on.
No it's not.
A tax credit is not the same thing as a tax deduction.
“The subsidy is just a transfer payment from the government, like Welfare”
No, welfare is giving money to people who don’t pay a net positive tax liability; it’s actually taking money from other taxpayers and giving it to someone paying less, if any, than they so receive.
This “subsidy” (which yes I’m going to make a stink about on this thread) is NOT a transfer, it’s a non-refundable tax credit; it’s lowering someone’s taxes, not making them “negative”.
Sorry. Pet peeve of mine.
A tax credit is not the same thing as a tax deduction.
A tax credit DOES involve receiving a check directly from the federal government - which is the same thing as receiving a check from other taxpayers.
But never say anyone copied anyone. Just, "Great Minds Think Alike"
Uh Huh
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.