make Congress Act: Small business tax incentives for hybrids, and smarter tax credits for hybrids and plug-ins.
It's time to move beyond just 3 percent market penetration.
Let's make Congress Act
are we giving huge tax deductions to small business owners
whom buy vehicles that cause the most pollution and offer the
worst gas mileage?
do we no longer offer any incentives for hybrid cars, despite the fact that market penetration has been stuck at 3 percent or less for years?
Why are current plug-in tax credits biased against Toyota, as well as the most cost-effective plug-in vehicles? Is the goal market penetration or protectionism?
Why donít we care that much of the security of the American
economy is in the hands of terrorist-harboring countries?
Hybrid Tax Incentives
While its great that their are plug-in tax credits available today, many outside observers have questioned the structure of these credits. Essentially, it is questionable as to whether these tax credits are promoting plug-in innovation, or pushing automakers to embrace the least cost-effective and desired plug-in options -- namely those with the biggest batteries and limited range.
Ultimately, shouldn't the goal of plug-in tax credits be to push automakers to develop plug-ins that can eventually move beyond the need for tax subsidies?
Shouldn't these tax credits promote the quickest amount of plug-in sales possible, today?
It is simply a fact that today's battery technologies will become obsolete. This field will be full of innovation, and just size isn't the critical metric today. It is even arguable that today's plug-in tax credits are actually promoting an inefficient utilization of battery resources.
It's time for politicians to stop trying to predict the outcome of the auto industry and plug-in vehicles, and instead create a competitive tax structure that pushes the auto industry to focus on the best fuel efficiency possible today, while creating a scalable platform for increasing fuel economy even further tomorrow.
on this article.
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