If it’s a tax CREDIT, it only means that it’s money fedgov doesn’t get its slimy hands on. I’m ok with that. It’s NOT money paid out of the treasury, it’s money someone’s made and GETS TO KEEP. I hope you see the difference.
Except it isn’t just a tax credit. Section 202 provides subsidies to auto manufacturers and it also provides a blank check for grants for R&D.
BUT, as I pointed out before, even these tax credits are nothing more than government redistribution for social engineering. It is taking taxes from one group and giving it to another based on if they take part in ‘government approved behavior’, in other words, letting big brother tell you what car to drive.
I guess, if you want a LNG car, Ron Paul is from the government and he is here to help.