Quote:
Originally Posted by Efthreeoh
The Government doesn't subsidize roads. Where do people get this understanding? The gas tax pays for roads. "Subsidizing" is the absence of taxing, not the generation of taxation. The Government subsidizes oil for a myriad of reasons that benefits national security to supporting the economy by reducing the prices of products that rely on petrochemicals, which is nearly everything one buys or needs in life; from food, clothing, housing, electricity, and God say it, clean air and health care.
EV tax credits are targeted taxes that do not benefit the whole of society as does a federal subsidy to the oil industry. The point is the oil industry doesn't exist because of oil subsidies, it makes products less expensive. I think it is a fair argument to make the EV marketplace via the artificial financial support of Tesla and now all other manufacturers exists only because of the help it got from Governments worldwide. Had not there been the existence of underlying support of conversion from ICE to EV supported by nearly every Governmental body across the planet, I doubt the level of capital investment in Tesla via its over-inflated stock price would have ever materialized.
|
Would you please stop making sense and stating facts? You’re going to annoy some of these people.
Also, don’t forget it’s not just subsidies. It’s actual laws that are being passed. These laws are forcing auto manufacturers to switch.