Comments on: House Bill Proposes Repeal of Plug-In Vehicle Tax Credit

By: tapra1

tapra1 — Thu, 15 Mar 2012 10:58:15 +0000

Volt program it had initially been a part of, and he is effectively trying to remove Volt sales incentives from every other Chevy dealer in the country as well.Business Hosting Reviews

By: MTXJOhn

MTXJOhn — Wed, 11 Jan 2012 22:05:09 +0000

It’s pretty clear you don’t understand what tax CREDIT means. “Maybe they end up getting a refund but if so it is only because their liability was reduced by the credit plus other normal deductions that all tax payers can claim” Notice the word PLUS. This means you DO get the “difference” between $6000 and $7500 as a $1500 PAYMENT in your first example. You completely contradict yourself. On top of that according to your logic I shouldnt have to pay any taxes at all. Say if my tax liability is $10,000 and I decide I shouldn’t pay that. I’m not spending some else’s tax dollars by not paying my 10k, I’m just reducing my OWN tax liability. Extend that logic to everyone and no one should pay any taxes because they’re just reducing their OWN tax liability, they’re not spending anyone else’s tax dollars.

By: Duude

Duude — Thu, 05 Jan 2012 19:21:46 +0000

In that case, sell your vehicle and buy a bike. Why must it be about money or convenience?

By: THATS WHY

THATS WHY — Thu, 05 Jan 2012 00:41:54 +0000

People are forgetting that this was to reduce pollution. Why is it always about money.

By: Capt. Concernicus

Capt. Concernicus — Wed, 04 Jan 2012 19:17:16 +0000

I “hate it” when people are just being themselves.

By: Eric

Eric — Wed, 04 Jan 2012 18:46:00 +0000

RE: "I hate it when people lie with numbers."

You answered your own objection in advance - "they must have updated the calculator"

Or more likely the price of gas dropped and the article only says it "could" nearly pay for itself.

Kiplinger based what it said on a constant gas price. What happens in the next five years as gas goes over $5, maybe $6 or more?

At $5/gal, the calculator shows the Volt costs $758 more when driven 15k miles. Above that, and pretty soon the $19k less Cruze will cost more, even if Volt needs premium.

I "hate it" when people like to feel important and ride a moral high horse by making their shallow points, calling others liars when in fact they aren't.

By: wagsbags

wagsbags — Wed, 04 Jan 2012 16:37:40 +0000

“Kiplinger was able to demonstrate that within five years it could nearly pay back a $19,000 difference”

They must have updated the calculator because now it shows the volt costs about $4000 more, which is more in line with what I calculate. Also note the analysis didn’t take into account that premium costs more than regular and gas is nowhere near $4. I hate it when people lie with numbers

By: Van

Van — Wed, 04 Jan 2012 15:50:04 +0000

I think the Prius PHV will hit the showrooms in March/April of 2012 sporting a base price of $32,000 and more "advanced" model for about $39,000. A tax credit of $2500 will be available.

Lets wait and see what the market decides when it has a more affordable option.

For example, if gas hits $5.00 per gallon this summer, Prius PHV sales may be brisk. Time will tell.

On the other hand, I see no reason to provide tax credits for those making north of $150,000 per year which is the demographic for Volt buyers. Perhaps a 10% of base price voucher for up to $4000 would be better.

By: Duude

Duude — Wed, 04 Jan 2012 12:23:31 +0000

I have to agree with the elimination of this tax credit. The fact is electric automobiles are not ready for prime time. Battery technology is not ready to support electric vehicles. 40-60 mile range on all electric is a joke, and considering the battery will lose its capacity to recharge and will have to be replaced for $10000 in 7 years or so is absurd. Providing this tax credit now provides the incentive to produce crappy products because the government will subsidize.

By: Non Republican

Non Republican — Wed, 04 Jan 2012 08:27:22 +0000

In case you haven’t figured it out by now, Republicans Suck !! The Democrats aren’t much better but at least they aren’t as bad.