edatoakrun
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Re: Republican tax proposal will terminate $7,500 EV tax credit

Sun Nov 05, 2017 11:29 am

IMO, it's unlikely the EV tax credit will ever be put back into a republican tax plan.

On the other hand, its nearly as unlikely the the sad collection of impotent mental defectives that make up the republican congressional delegations will pass any major tax reform plan.

However, if the alt-right ever decides to promote TSLA's flagrant milking of the American taxpayers (of which the tax credit is only a fraction) as a major talking point, political realities could shift rapidly.

Numerous explicit statements by TSLA executives about how they plan to game USA deliveries, producing a surge sales and of tax credit claims right after the 200,000 limit is reached, exemplify how the credit allocation was flawed in the first place, and should be reformed.
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finman100
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Re: Republican tax proposal will terminate $7,500 EV tax credit

Mon Nov 06, 2017 4:31 pm

so those of us that got the EV tax credit via buying a Leaf...milking u say. hmmmm. Does Nissan know that? Or GM Bolt buyers? Just Tesla? wow. Keep up with the stupid. you r on a roll.
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abasile
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Re: Republican tax proposal will terminate $7,500 EV tax credit

Mon Nov 06, 2017 11:43 pm

edatoakrun wrote:However, if the alt-right ever decides to promote TSLA's flagrant milking of the American taxpayers (of which the tax credit is only a fraction) as a major talking point, political realities could shift rapidly.

Numerous explicit statements by TSLA executives about how they plan to game USA deliveries, producing a surge sales and of tax credit claims right after the 200,000 limit is reached, exemplify how the credit allocation was flawed in the first place, and should be reformed.

Please do explain why you believe Tesla has been milking American taxpayers aside from the EV tax credit. I don't want to see Tesla flamed by the alt-right!

Personally, I believe it was wrong to give each manufacturer a separate credit allocation, as this system rewards laggards. At the same time, I think Tesla would be doing the right thing to maximize the number of customers receiving the tax credit. Just as I'm thankful for my tax accountant fulfilling his fiduciary duty to minimize my taxes to the extent permitted by the tax code.
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DanCar
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Re: Republican tax proposal will terminate $7,500 EV tax credit

Tue Nov 07, 2017 2:50 pm

Republican senator Dean Heller from Nevada, home of the Tesla gigafactory, opposes repeal of federal EV tax credit.
https://electrek.co/2017/11/07/electric ... ax-credit/
If you don't know how congress works let me inform you how things are fixed. They throw money at the problem. Dean is an issue as they need all the votes, so they will either not repeal the tax credit so quickly or offer his state some other tidbit(s).

If Heller's concerned is tied closely with Tesla then they could change the phase out time to coincide with the first manufacturer that reaches the limits.

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Re: Republican tax proposal will terminate $7,500 EV tax credit

Tue Nov 07, 2017 4:28 pm

If you don't know how congress works let me inform you how things are fixed. They throw money at the problem.


That's a bumper sticker, not an explanation. In the Senate especially, people will cross party lines to vote, but this works both ways. I'm sure there are at least a couple of Democratic Senators who oppose the federal tax credit and would vote to repeal it, unless instructed otherwise by the Senate leadership.
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evnow
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Re: Republican tax proposal will terminate $7,500 EV tax credit

Wed Nov 08, 2017 5:01 pm

LTLFTcomposite wrote:It was a dumb move for Musk to abandon that advisory council thing.

If you think GOP reps listen to some weird council Trump setup - you are sorely mistaken.
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evnow
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Re: Republican tax proposal will terminate $7,500 EV tax credit

Wed Nov 08, 2017 5:09 pm

DanCar wrote:Republican senator Dean Heller from Nevada, home of the Tesla gigafactory, opposes repeal of federal EV tax credit.

GM & Nissan just announced their opposition to the EV tax cut. So, 2 R senators from TN may be opposed as well, as well as the ones from MI (but they are D).

If you don't know how congress works let me inform you how things are fixed. They throw money at the problem.


Not how Congress works at all. They throw money at donors - so if they get lobbied (and the lobbies give money), they will support any legislation that lobbyists write.

That's why you don't see enough money to address Flint poisonous water (or free college tuition) but a $70B increase in military spending.
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SageBrush
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Re: Republican tax proposal will terminate $7,500 EV tax credit

Wed Nov 08, 2017 5:32 pm

evnow wrote:Not how Congress works at all. They throw money at donors - so if they get lobbied (and the lobbies give money), they will support any legislation that lobbyists write.

More typical: a law is written by a lobby that has up front support from 40-50% of the house/senate, and then the extra votes needed are bought.
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evnow
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Re: Republican tax proposal will terminate $7,500 EV tax credit

Wed Nov 08, 2017 5:56 pm

SageBrush wrote:More typical: a law is written by a lobby that has up front support from 40-50% of the house/senate, and then the extra votes needed are bought.

Probably for the more well known topics. For obscure topics hardly anyone knows about - it could be the lobbyists working literally from scratch - one at a time (usually starting with the home district / state). This is how you get head scratchers passed - while what looks obvious doesn't get passed.

A good example would be healthcare for 1st responders of 9/11. You would think it was something that should pass easily with bi-partisan support. But it took several months of work by activists and celebrities to get passed. But Disney got a far reaching bill passed that extended copyright by decades easily.
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LeftieBiker
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Re: Republican tax proposal will terminate $7,500 EV tax credit

Wed Nov 08, 2017 6:46 pm

The only real hope for an extension, or for just allowing the credit to expire as designed, is if GM really has sunk millions into R&D and pre-production work on several more EVs. If they lean heavily on Congress, it might be as good as tossup odds. I'm inclined to believe, though, that GM is just making the right noises but isn't willing to do any heavy lifting. Likewise Nissan, who seem to be focused on their home market, with Europe to follow. They actually treated "Leaf 2" as a sort of compliance-like EV, by doing the minimum of upgrades to the existing platform. As long as they can sell some in the CARB states with hefty state tax credits or rebates, they won't really care if the US market grows, stays static or shrinks.

I just wish I knew for sure what is going to happen, as I have a specific Bolt in mind but would still prefer a 2018 Leaf...
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The most offensive, tasteless phrase in use here is "Pulled the trigger." I no longer respond to posts that use it.

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