Today,
the Pentagon is one of the
biggest proponents of energy
independence. Why? Quite
frankly, the cost of
protecting America's oil habit
is very expensive, and it is
possibly the greatest threat
to American National Security.
Most citizens are even
starting to understand the
problems foreign oil
dependency has and is
creating. As a result,
Congress created a new tax
credit to help Americans
purchase clean,
foreign-oil-dependency
fighting automobiles, such as hybrid
cars.
The plan worked so well, that Toyota met its quota in less than a year, long before GM has even sold ONE full hybrid vehicle. Consequently, sales of Toyota hybrids have slowed in recent months. Sure, high gas prices have dulled people's interest in fuel economy, but it seems obvious that reduced tax credits are also an important part of the skid.
In America, where the virtues of capitalism, competition and free markets are loudly promoted in corporations and Congress, shouldn't such ideals also be used to fight for energy independence? If Toyota could sell another 60,000 hybrid vehicles right now, utilizing GM's unused credits before GM even offers a full hybrid, shouldn't they have that right?
Isn't protecting National Security more important than protecting Detroit's failures? Is America afraid to end oil dependency too quickly? Is the status quo really more important than National Security? Why are we punishing Toyota for doing too much to help America fight foreign oil dependency?
Why are there even quotas on the tax credits? There are no quotas on the tax incentives given to small business owners that buy the worst gas-guzzlers, yet there is NO incentive for small business owners to buy fuel efficient vehicles.
I guess that only makes sense to members of Congress.
While GM's Rick Wagoner can complain about unfair trade advantages and currency manipulation in places like Japan, Toyota has every right to complain about protectionist legislation coming out of the U.S. Congress.
If GM were forced to compete for those credits in a free market, you can bet they would have gotten more hybrids on the road much faster. Instead, Congress has essentially given them a safety net NOT to act faster.
Great job Congress! I mean its only our National Security at stake!
The plan worked so well, that Toyota met its quota in less than a year, long before GM has even sold ONE full hybrid vehicle. Consequently, sales of Toyota hybrids have slowed in recent months. Sure, high gas prices have dulled people's interest in fuel economy, but it seems obvious that reduced tax credits are also an important part of the skid.
In America, where the virtues of capitalism, competition and free markets are loudly promoted in corporations and Congress, shouldn't such ideals also be used to fight for energy independence? If Toyota could sell another 60,000 hybrid vehicles right now, utilizing GM's unused credits before GM even offers a full hybrid, shouldn't they have that right?
Isn't protecting National Security more important than protecting Detroit's failures? Is America afraid to end oil dependency too quickly? Is the status quo really more important than National Security? Why are we punishing Toyota for doing too much to help America fight foreign oil dependency?
Why are there even quotas on the tax credits? There are no quotas on the tax incentives given to small business owners that buy the worst gas-guzzlers, yet there is NO incentive for small business owners to buy fuel efficient vehicles.
I guess that only makes sense to members of Congress.
While GM's Rick Wagoner can complain about unfair trade advantages and currency manipulation in places like Japan, Toyota has every right to complain about protectionist legislation coming out of the U.S. Congress.
If GM were forced to compete for those credits in a free market, you can bet they would have gotten more hybrids on the road much faster. Instead, Congress has essentially given them a safety net NOT to act faster.
Great job Congress! I mean its only our National Security at stake!
posted by Dahcredyns at 9:43 AM 0 comments
