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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.

 
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  • (Score: 3, Insightful) by CirclesInSand on Saturday April 04 2015, @03:05PM

    by CirclesInSand (2899) on Saturday April 04 2015, @03:05PM (#166400)

    Why is the state giving $5k to upper middle class people?

    This is sarcasm right? Do you really think that welfare is for poor people? The richer you are, the more money you get from the government. That's pretty much a universal fact of all of human history.

    I completely agree with your outrage though. In this case, they get away with it by pretending that it is for the sake of environmental health.

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  • (Score: 1, Insightful) by Anonymous Coward on Saturday April 04 2015, @03:58PM

    by Anonymous Coward on Saturday April 04 2015, @03:58PM (#166419)

    If only life were actually as black and white as that.

    There is nothing stopping it from being about both those things simultaneously, as well as a whole host of other factors too.