Quote:
Originally Posted by cooldawg
No difference between a company keeping more of their revenue vs. incentivizing a purchase with a tax credit/ check?
Big difference. In one case, taxpayers are cutting a check to a guy that wants to purchase an EV. In the other, the company is allowed to keep a larger portion of revenue it generated. Hopefully, some of that $$ is invested in IR&D and grows the payroll.
Why not just reduce tax on revenue in both cases? The answer is obvious. EPA wants to pick the winner. Cut a check for one customer, and levy a gas guzzler tax on the other.
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BINGO
Bonus question: Cui Bono? Are the people who pass these bills more heavily invested in EVs and associated technology or the fossil fuel industry?