Sources: The Detroit News, The Detroit News
quote: Imagine if at the inception of Apple's I technolgy, if the Government wanted to subsidize that "new technology".
quote: I don't quite make that much and even if I did I wouldn't waste my cash on this car.
quote: Is THAT fair?
quote: Also, poor people pay taxes too; they simply pay less in income taxes.
quote: Conservative or Progressive, they are all bozos.
quote: I think that I could probably stomach more taxes if the people who were spending it were not such bozos.
quote: Eventually the definition of "Rich" gets to the point of including people like you and me.
quote: I whine about taxes as much as the next guy.
quote: but people who have kids probably pay even more in taxes raising them than I ever will on my house.
quote: That $7,500 would go better towards re-training an out of work individual for an available job, helping the homeless, helping low income single parents, etc, etc. There are a lot better things I can think of to put our tax dollars too, besides helping someone who makes a good living already purchase an expensive hybrid car.
quote: GM is not making a penny on each Volt they sell.
quote: I've heard that people want to go into the sales floor to see the Volt and then end up buying something else, so the Volt gets MORE people into the door.
quote: The problem is, they blackmail us and tell us that if we take away the subsidy that they'll raise the price of oil. This is sheer craziness that we allow them to get away with this.
quote: So? What's your point? You don't seem to understand that raising taxes on oil causes more problems for the poor than any other tax bracket.
quote: .....but they won't kill the tax incentives to Big Oil? :)
quote: Personally, I think if the Volt was the same cost as its ICE-only counterpart, it would be a great idea.
quote: But please stop asking me to pitch in to pay for your car.
quote: However, spending an extra 15k (or more) on a car to save a few k on gas over several years is idiotic
quote: The Volt is more luxurious than a typical $25k compact, but even in your example, the payback period is 7.5 years, maybe 10 years with the cost of money. Not unreasonable.
quote: It's also a bad economic decision to buy a V8-powered Land Cruiser or to pay $1000 for "silver-buffed wood" on an Infiniti.
quote: Granted, it was cheaper under previous administrations.
quote: stifle exploration
quote: You expect a car with an electric drive and ICE to be the same price as one with just an ICE? That's not realistic.
quote: It's also a bad economic decision to buy a V8-powered Land Cruiser or to pay $1000 for "silver-buffed wood" on an Infiniti. Obviously buying a car is an emotional decision , so its not far to judge the Volt only on it's economic payback period just because it has one.
quote: I'm glad so many other people are willing to take that 50% drop in value in the first several years of owning a new car, though.
quote: However, spending an extra 15k (or more) on a car to save a few k on gas over several years is idiotic (meaning if the decision was purely economic, it's a bad decision to buy a Volt). The only reason someone would buy it would be to wear it as a "green" badge of honor. If you desire to wear that badge, by all means, buy a Volt. But please stop asking me to pitch in to pay for your car.
quote: So let me get this straight, you don't think there should be an incentive, but you outright admit that nobody is going to buy the car (outside of those wanting to wear the green badge) if it costs 40K.
quote: Many of the technological improvements you use everyday, could have been years away if not for government subsidy, just remember that...
quote: We have to continue to fund new technologies or we are doomed to go backward.
quote: At least I don't call part of my party TEA BAGGERS and not know what it means.
quote: Really, take a look at how many times the filibuster was used to block things that even included things rebublicans agreed with in the past.
quote: Poor people pay less in payroll taxes because they has less pay.
quote: And they have been dropping for 30 years.
quote: The Tax Foundation's annual study that calculate Tax Freedom Days in the United States has been criticized by other think tanks, such as the Center on Budget and Policy Priorities (CBPP) and Citizens for Tax Justice (CTJ), citing repeated "methodological errors" and "reliance on early projections without hard data." CBPP has also criticized other reports by the Tax Foundation, and in turn the Tax Foundation has responded or criticized CBPP reports. The two groups have some areas of agreement, such as opposition to most tax expenditures and sales tax holidays.
quote: In 2008, Paul Krugman wrote in his New York Times blog that the Tax Foundation was "not a reliable source" in response to a report by the Tax Foundation comparing corporate tax rates in the United States to those in other countries. In 2011, Krugman accused the Tax Foundation of "deliberate fraud" in connection with a report it issued concerning the American Jobs Act.
quote: It's pretty Goddamned obvious that the only party even trying to be fiscally responsible is the Republicans lately.
quote: In the past 2 years they've shown so little responsibility they actually got america's credit rating downgraded! that was as much a republican failure as it was a democratic failure.
quote: Not that the general republican proposals make any sense. Taxes for EVERYBODY are the lowest they've been in 80+ years, and they refuse to raise taxes? You call that responsible?
quote: You can spin it all you want, we lost our credit rating because of Democrats. Plain and simple!
quote: It REALLY pisses me off that the media and the Democrats blamed the Republicans for that. First of all, we NEVER lost our credit rating until Obama and the Democrats came along and took power. Let's not forget that.