Featured Death to EV bills

We all know, if that new law passes - that money is just going to disappear into the government bureaucracy. It's a excuse for a money grab, pure and simple. Will this repeal the EV & hybrid assessments most states charge on those cars annual registration, using the same excuse?
The point of moving to EVs is to clean-up the environment and shrink harmful air pollution that causes respiratory diseases. That long term goal seems to be lost to certain people that can't/won't plan ahead.

YMMV

 

Can you imagine Musk really allowing this to happen? Yet Tesla stock today was up almost 6% last I looked.

When chaos is assumed, few have the audacity to invest and what will that do for the economy worldwide.

I pulled some of my $ out of the stock market 12/31 and it has only gone up. I was doing it only on the record high relationship of stocks costs to profits. When does it stop? Have none of these people studied the 1920s?

 

Y U talk bout ancient Roman history; Eyes edumacated N Merica. Do knot under/stand - Can U make a tiktok or RedNote????

 

It should come as no surprise that Trump and the Republican majority legislature were going to kill the EV tax credits. The only surprise was that it won't take until the end of 2025 to go into effect.

Barrasso has had it in for EVs because they aren't paying taxes at the pump like the gasoline vehicles (not that the gasoline taxes actually pay for keeping up with all the highway repairs either. Maybe someday he'll learn about how much the federal government pays in subsidies to oil and gas companies). This goes back to when he was head of the Senate Environment and Public Works Committee during the Obama administration.

 

The future of automobiles is bleak.

 

Are they ending subsidies to petroleum?

Are they imposing fees on higher efficiency ICE vehicles? Some get almost as good MPG as hybrids.

 

one can only hope

 

Sad thing is not only do EVs lose incentives, but even though they should take them away from gas production, yeah that's not going to happen. Ironically we just bought a honkin (used) coal roller.
Okay not really, but it is a diesel - with emissions up the 9s - as the better ½ insists on pulling a 5th wheel. We'll miss one of our plug-in's but won't miss getting high centered on snow drifts anymore. Wanted to wait for the plug-in ramcharger, but this new tax cut/incentive nonsense may ax that idea if Dodge doesn't hurry theirselves up ... so we can swap out the diesel for it.
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Great idea. But it doesn't go far enough.
Since they are taxing new EV buyers, essentially, $100 per year for 10 years of driving, in advance, we should do the same for all cars.
A $1000 fee charged at the time of purchase for all vehicles that emit smog forming chemicals (NOx, O3) into the local air we breathe.

Mike

 

Actually, Virginia adds a fee (can't call it a tax) on any vehicle getting more than 25 mpg. Crazy, considering CAFE standards and the old federal definition of a clunker. I did not expect a fee on my 2008 Corolla LE.
https://www.dmv.virginia.gov/sites/default/files/documents/2024-HUF-highway-use-fees.pdf

 

That's also how our state is passing new taxes - they also call them fees, because new taxes requires buy-in from voters.

 

It is supposedly because the gasoline tax revenues no longer cover road maintenance. This gives visitors driving on Virginia roads a discount though. Currently, you need to give your information to a third party company that then bills you for all miles driven, including out of state.
Rather than embed the 25 mph number in law, refer to the current CAFE standard and raise the gasoline tax to compensate. For those driving less that their average miles per year, use the odometer readings from the annual inspection to prorate.

 

Doesn't the great state of Virginia already assess an additional annual registration fee for BEV and HEV? Wouldn't that be a double-dip or double taxation for the same thing?
As I stated earlier, it's a simple money grab. Tax revenue goes into the general fund, then gets redistributed. Law makers don't increase/index those budgets with inflation, so road maintenance gets pinched and claim to be underfunded. Their correct, but state congress is the ones under-funding them!!!! Excuse to raise taxes........

 

They did and then replaced it with the Highway Use Fee, Before that, Hybrids, PHEVs and EVs all paid the same additional registration fee.

 

They can slow ev sales, but the horse is already out of the barn

 

But the Democrats slowing it are the ones that SAY they care about the environmental effects of vehicles while financially hurting those that ACTUALLY care.

 

I don’t think yearly fees to supplant gas taxes are slowing sales much.
Removing tax credits and stopping the charging station build out will have a much larger effect.
Democratic states that are implementing fees could certainly do it better, but idk how much it would change anything.