Government does not solve problems; it subsidizes them.
If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.
That was Ronald Reagan and those two quotes certainly sum up what’s going on with EVs (Electric Vehicles). Thanks to taxpayer money, charging stations are springing up across the country, companies like Tesla are expanding (and companies like Fisker went bust) and more people are buying (but not paying for the entire cost of) electric cars.
The Government is giving away tax credits and states are letting people drive alone in the carpool lanes.
Because Liberals say that EVs are “good.”
Or is it?
At least people filling up at the pump are paying taxes on their fuel which is helping to pay for the roads. But those nifty fellows in the EVs aren’t doing that, and states are mad:
States are quickly learning that promoting electric cars is coming with a high price tag. Colorado has joined a growing number of states that are imposing fees on electric and alternative vehicles to recover “lost” gas tax revenues.
The problem state lawmakers face is that the value of the gas tax is falling due to inflation and rising construction costs. This is coupled with the fact that gasoline consumption is falling. According to the Energy Information Administration, U.S. drivers and businesses used about 133 billion gallons which is 6 percent below 2007’s record-high consumption levels.
Oregon might soon be taxing people based upon how many miles they drive.
Big Brother keeping track of how far you travel.
So the Government gives special breaks to people who buy electric cars – in an effort to help them sell – and they give money to companies who build them and now they are asking to take money from the people who bought them because their giving was too generous and short sighted.
Sounds like Government work to me.
All the while a weak monetary policy and crippling debt has eaten away not only at the incomes and savings of the average American but it’s also reduced the buying power of the tax revenue collected via fuel sales.
And unionized labor who builds the roads is more expensive (even though their pensions are getting dumped by the Governments).
Makes me think we’d all be a lot better off if the Government just got out of our lives, lived within its means, and didn’t try and pick winners and losers in the marketplace.
But I’m just being naive.