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HomeIllinois NewsNo: Taxpayers Shouldn't Subsidize Overpriced Teslas

No: Taxpayers Shouldn’t Subsidize Overpriced Teslas



Unnamed (6)H. Sterling Burnett, Sacramento Bee - 

After Tesla sells its 200,000th vehicle, consumers will no longer be able to claim a $7,500-per-vehicle federal tax credit for purchasing one. But fear not. California’s climate-crazy Legislature is coming to the rescue. Gov. Jerry Brown, a Democrat, and state legislators plan to extend a low-emission vehicle rebate program there by passing a new $3 billion subsidy package that would, among other things, make up for the soon-to-end federal rebate. Taxpayers should be outraged that their hard-earned money is being used to subsidize the purchase of $100,000 toys for the state’s millionaires. READ MORE


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