Elon Is Bummed

"Critics have long bashed the program for giving the rich cash so they can buy six-figure luxury electric supercars like the Tesla Motors Model S, leaving less money for low-income and middle-class drivers."

So the rich are stealing from the poor?

Exactly how does rich people buying six-future luxury electric supercars leave low-income and middle class drivers with less money?

Ah!!!

Tax subsidies! Of course. Yet no one wants to show the math that shows that those subsidies that go to offset the cost for six-future luxury electric supercars purchased by the rich would only amount to a few pennies per middle class tax payer, but we wouldn't want one class of people getting the same discounts another class of people would get. That would be, um... un-American.

There's always a way to make any distribution appear to be inequitable. Give everyone the same amount and the percentages look off. Get the percentages right and the total amounts look off. Remember figures don't lie, but liars figure.

IMHO If it is true that over 99% of the wealth in this country is owned by only 1% of the population then that 1% of the population should expect to pay more than 50% of the taxes.

Sounds like a flat tax.

Even if we accept your IMHO premise, the point that I am trying to make is that the article takes a swipe at the rich in such a trite way by creating the illusion that the middle class and lower income population are taking significant losses due to the fact that the subsidies apply to all people and not simply only to a select group of the population (i.e., lower income and middle class).

This is obviously not true, at least in the case cited as the total number of vehicles sold and the amount of subsidies payed out is a drop in the taxpayer ocean.

So why raise the alarm? What's more, why cite an example that is not representative of the alleged problem (or at least why such a faulty example)?

I think I have an humble opinion to those answers myself and it follows along the same biased questions that are asked as to why our police forces are deliberately shooting more of one ethnic group than another.

Personally, it disturbs me much less that a small percentage of the population "owns" the majority of the wealth of this nation than it would if I didn't have an equal opportunity of obtaining wealth.

kinda interesting,....... after this country was established, there have always extremely rich people in this country..... so rich that they even the US government would depend on them......... for a price.

On February 20, 1895, J.P. Morgan & Co. led a bond offering that helped rescue the United States from a severe two-year economic depression.

If you think high-income earners weren't applying for incentives, stats compiled by the Center for Sustainable Energy say otherwise. Survey data from the second quarter of 2015 indicates over 26% of recipients had an income over $200,000. That's nearly equal to the 27% of those earning less than $99,000. Interestingly, nearly three quarters of rebates so far this year went to those with incomes over $99,000.so is 100K/year "rich" not in my book but if they want a Tesla which I think is the coolest car going I think its fine but taxpayers don't need to kick in $$$ to complete another sale for Elon

nope wouldn't even think of it......

all endeavors they took, is for a profit.

One could say the JP Morgan had a monopoly,...... of money.

well put on a number of points.

It seems people love to share the benefits of the rich. But they would never consider to take the risk.

Regardless of how detail oriented one might be the taxpayer shouldn't be picking up the tab for someone else's Nappa leather optional seats

That a wide paint brush your using. How about high speed rail CA is building with taxpayer funds... for the common man.

Yet for new technology....

With the cost to get new technology on the market..... without incentives. The alternative are...

Hope you'll be satisfied with this.....

I admit it, I'm having a bit of fun on this thread. I'm a huge fan of Musk. if he puts the Gigafactory+ the Model3 together in a package around the current price of an ICE I think we all win. and yes it takes a lot of money to spark a shift this enormous. so government can have a role in helping a billionaire to realize a dream if it provides jobs and promotes an environmental agenda that the public is currently in support of.