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No. By eliminating the tax the cost will be lowered. If you are offering tax credits for research, then by definition the money they get in the form of credits must be spent on research, not in lowering the cost of their product.So we pay for the subsidies on our tax bill, and pay for their tax liability in the cost of their products. No offense, but it doesn't sound like much thought has gone into that plan.Whooo whooo. You get a 1500 dollar tax credit for buying a car that cost 6000 dollars more than a comparable non hybrid car and hybrids barely last until they are paid for because the life on the batteries is only about 6 years and it costs about 10,000 to replace them. We are going to have to build additional land fills just to accomodate the batteries.
No. By eliminating the tax the cost will be lowered. If you are offering tax credits for research, then by definition the money they get in the form of credits must be spent on research, not in lowering the cost of their product.
So we pay for the subsidies on our tax bill, and pay for their tax liability in the cost of their products. No offense, but it doesn't sound like much thought has gone into that plan.
Whooo whooo. You get a 1500 dollar tax credit for buying a car that cost 6000 dollars more than a comparable non hybrid car and hybrids barely last until they are paid for because the life on the batteries is only about 6 years and it costs about 10,000 to replace them. We are going to have to build additional land fills just to accomodate the batteries.