Posted on 07/25/2023 8:14:26 AM PDT by texas booster
(AUSTIN, Texas – July 25, 2023) Owners of electric vehicles in Texas will soon pay an additional fee when registering their vehicle. Senate Bill 505, passed by the Texas Legislature during the 88th Regular Session, adds a $200 annual fee for electric vehicle registration renewals and a $400 fee at the time of new electric vehicle purchases for the initial two-year registration period.
The new fee will be collected on electric vehicle registrations processed on or after September 1, 2023, in addition to the standard vehicle registration fees and any tax due for the vehicle. Texans may renew their vehicle registration up to 90 days prior to expiration. The fee will not apply to hybrid vehicles.
Revenue collected from the fee will be deposited into the state highway fund to help pay for roadway construction and maintenance projects.
Here is the press release from another site.
The government will tax EV’s (first) on a per-mile basis, then all vehicles, on a per-mile basis.
It’s coming.
After all, exactly how many toll roads in Texas (or anywhere) stopped collecting tolls once the original bonds were paid off?
In Texas, just one.
Which one? I now of a bridge in California that stopped taking tolls when it was paid off (the Coronado Bay Bridge). I didn’t realize anything in Texas stopped taking tolls (I’m in Houston, and it seems like half our roads are toll roads now).
If they can afford those useless cars, they can afford the tax.
With those temperatures and the fact that those fires are very hard to extinguish, that would come as no surprise.
A 6000# ICE probably gets poor MPG and therefore pays more taxes.
Give them time… Federal income taxes started at like 0.5% over $1,000,000 1913 dollars.
“may even drive some of them back to California and Greenwich Village, thereby helping to clean up the ‘homeless’ problem in Austin.
PLEASE LET THAT HAPPEN
Cough it up $$$$
Suckers
We always pay and pay and pay.
There was an article the other day about that. It seems a guy was in an EV truck and got into a fender bender. The insurance estimated $1,700. The actual repair cost was $42.000.
I30 between Dallas and Ft Worth was a tollway, tied IIRC, to the construction of DFW airport.
Paid the bonds off in the 80’s and took out the toll booths.
For a long time there was a 1/2 mile stretch by Hampton Rd on I30 that was empty concrete, perfect for parking big rigs.
The last road in our area that stopped collecting tolls after the bonds were paid for.
Some people are going to have take out loans to get their EV’s repaired. Of course the industry will be happy to lend them the money for repairs (at usurious rates) or sell them a buyer protection plan, which won’t be cheap.
Electric vehicles do not pay gas taxes, which are used for the upkeep of the roads in Texas. They also are often far heavier than comparable gas or diesel cars, so they cause more wear and damage than gas or
diesel cars (that again, they largely do not pay for.) This is an appropriate replacement.
Hybrids do at least nominally pay for road maintenance through gas taxes. And they usually weigh less than an all up BEV.
Battery powered EVs comparable in size to a 6000lb ICE SUV usually weigh 8-9000lbs.
I remember as a kid going through the booths in a station wagon coming back from Six Flags.
The 6000 lb ICE vehicles already pay more taxes, as they consume more fuel...thus more fuel taxes. EVs? Not so much.
Can I collect the bonus without getting an electric vehicle? LOL
U.S. Treasury: Lots of People and Automakers Have Cheated EV Tax Credit (2019)
If there is a government program that sends money out, people will find a way to cheat it.
The PPP and ERC credits are just the most recent, that hit a news cycle.
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.