August 26, 2017

TAX WHAT YOU DON'T WANT:

Should California spend $3 billion to help people buy electric cars? (Russ Mitchell, 8/26/17, LA Times)

The California Legislature is pushing forward a bill that would double down on the rebate program. Sextuple down, in fact.

If $449 million can't do it, the thinking goes, maybe $3 billion will.

That's the essence of the plan that could lift state rebates from $2,500 to $10,000 or more for a compact electric car, making, for example, a Chevrolet Bolt EV electric car cost the same as a gasoline-driven Honda Civic.

Rather, tax gasoline and the operation of gasoline driven vehicles enough to balance the cost.

Posted by at August 26, 2017 10:06 AM

  

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