Stories
Slash Boxes
Comments

SoylentNews is people

posted by cmn32480 on Saturday April 04 2015, @06:12AM   Printer-friendly
from the people-are-getting-amped-up dept.

An Anonymous Coward writes in with an article from Vice.com.

A generous state tax break has helped make Georgia the number two state for electric vehicles, and made Atlanta the top market for the compact Nissan Leaf. Both the Leaf and the higher-end Tesla sedans are now common sights in and around metro Atlanta, where more than 10,500 are registered.

But this year, Georgia lawmakers needed to raise nearly $1 billion to patch up crumbling roads, highways, and bridges. So they are pulling the plug on that $5,000 tax credit — a move budget analysts say will contribute $66 million to the state's coffers in 2016 and nearly $190 million by 2020.

But it gets worse for electric vehicle (EV) boosters. Legislators are adding a $200-a-year annual fee for owners to offset the loss of gasoline taxes that drivers would otherwise pay to maintain roads.

The Economist has a breakdown of the current system of the tax credits and the expected economic impact of the changes.

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 2) by bob_super on Sunday April 05 2015, @08:05AM

    by bob_super (1357) on Sunday April 05 2015, @08:05AM (#166586)

    There's that license plate sticker that contributes to paying for roads... in theory.
    Sure, it's not the same as sticker+gas tax. But the EVs don't cause billions in health care costs to the state from spewing their pollution in the middle of the city.

    Starting Score:    1  point
    Karma-Bonus Modifier   +1  

    Total Score:   2