>On top of removing the tax credit, the bill introduces a $250 annual fee for electric vehicles and a $100 fee for hybrids, which they claim is to fund road repairs traditionally supported by gas taxes.
Not just no credits, a straight up "sin tax" for owning an EV or hybrid.
Trump is clearly flacking crypto, Bibles, and watches, and clearly using the crypto as a way to buy his time.
This isn't the same as funneling money directly from the federal coffers, but it's not just a conspiracy theory that he's using his position to enrich himself.
Tax credits removed: which is probably an environmental benefit because a credit on vehicle purchase is not aligned with carbon reduction (e.g. low usage second car). Plus the credits were often regressive taxation (new car buyers are wealthy, and the trickle down is too far away to be carbon friendly).
Taxation was added per km on NZ for EVs, so that roads are funded by EVs too (roads were mostly funded by petrol/diesel taxes). Article said "which they claim is to fund road repairs traditionally supported by gas taxes". NZ roads are mostly funded by very expensive petrol/diesel taxes.
Political aside: I have been wondering what Musk's goal was in taking on the poisoned job with doge: Trump hasn't been helping Musk and I can't see why he would.
>On top of removing the tax credit, the bill introduces a $250 annual fee for electric vehicles and a $100 fee for hybrids, which they claim is to fund road repairs traditionally supported by gas taxes.
Not just no credits, a straight up "sin tax" for owning an EV or hybrid.
We pay this in NZ per km. Costs 2x more in road tax than in electricity. Of course hybrids pay less because Toyota.
I’d rather the road stuff was paid for some other way.
I get EVs don’t pay through gas tax, and they’re generally heavier so do more damage.
But I don’t think we should be doing anything to disincentivize EVs. We should be pushing them more.
Just raise the registration fees on all cars, consider it a pollution tax for ICE cars.
Of course none of this matters. We all know why this legislation was pushed. And this debate I’m discussing wasn’t it.
> I get EVs don’t pay through gas tax, and they’re generally heavier so do more damage.
Weight is less than a rounding error considering how much damage trucks and buses do.
But yeah kinda weird Musk congratulated both Luxon and Trump when they both went against EVs.
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Trump is clearly flacking crypto, Bibles, and watches, and clearly using the crypto as a way to buy his time.
This isn't the same as funneling money directly from the federal coffers, but it's not just a conspiracy theory that he's using his position to enrich himself.
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I'm in New Zealand and we've had similar changes.
Tax credits removed: which is probably an environmental benefit because a credit on vehicle purchase is not aligned with carbon reduction (e.g. low usage second car). Plus the credits were often regressive taxation (new car buyers are wealthy, and the trickle down is too far away to be carbon friendly).
Taxation was added per km on NZ for EVs, so that roads are funded by EVs too (roads were mostly funded by petrol/diesel taxes). Article said "which they claim is to fund road repairs traditionally supported by gas taxes". NZ roads are mostly funded by very expensive petrol/diesel taxes.
Political aside: I have been wondering what Musk's goal was in taking on the poisoned job with doge: Trump hasn't been helping Musk and I can't see why he would.
He saw it as an opportunity to lobotomize the regulators who impede his business interests, such as the FCC, FAA and NHTSA.