Let's Wrap This FReepathon Up, Folks!
Posted on 11/21/2018 3:37:08 PM PST by jazusamo
Beware of the lame-duck Congress.
With the midterm election behind us, the 115th Congress only has a few legislative days remaining before the new Congress is sworn in. Must-pass items are often left to the lame-duck period, when members are freer to vote as leadership needs, absent the pressure of representing their constituency and defending their votes.
Recently, another legislative boondoggle has appeared on the radar. Retiring Sen. Orrin Hatch, the Utah Republican and outgoing chairman of the Senate Finance Committee, has an expensive idea.
Bloomberg News reported on November 13 that Mr. Hatch said in an interview that “an extension of a tax credit for consumers who purchase an electric vehicle ‘could be’ in a tax-break package” expected during the lame-duck session of Congress.
How do these tax credits work?
The $7,500 electric vehicle tax credit was established in 2008 and phases out once a manufacturer reaches 200,000 fully or plug-in electric vehicles sold in the U.S.
Tesla hit the cap in July of this year. In January 2019, Tesla buyers will only be eligible for half the incentive until June, when the subsidy is again cut in half.
As of October, GM was very close to the 200,000-unit level. Nissan, Ford and Toyota are expected to hit the cap in about two years.
(Excerpt) Read more at washingtontimes.com ...
It will be extended. You can make book on that.
Gotta look after the farmers, after all.
“They also need to force these electric cars to run on ethanol.
Gotta look after the farmers, after all. ”
Yeh, might as well. Let’s make whores out of everyone...
It's like poetry. Really bad poetry.
Since there is nothing logical about the whole business, your illogical suggestion about ethanol is perfectly logical.
Sometimes I think we are living in a Lewis Carroll novel.
Let's Wrap This FReepathon Up, Folks!
Electrons carried
over roads paved in gravy;
taxpayers are mashed.
We might be surprised at the number of people who would melt into ecstatic puddles of organic goo at the thought of ethanol-fueled generating stations.
Mr. niteowl77
Aviation was supportive after World War I with the use of airmail. So the Government has been behind supporting new technology.
Good one !
It will be extended. Look at ethanol. Still eating up fuel systems on equipment, gets lower fuel rating, but full speed ahead.
All this stuff mentioned here and then some should have been issues being brought up by GOPCEC (committee to elect congress) but went ignored.
What’s the use of running for an office if you can’t reward your donors?
How ar you going to get donors if you can’t promise to fleece tax payers for the donors’ benefit?
What? Run for office just to give people good governance????
Right on, sadly that’s what the vast majority of them do.
Yep - mandate that all electric car owners (and leasers) purchase an ethanol-run generator to recharge them with.....
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