The current administration, the resident, V.P., the entire cabinet and staff have got to be brain dead! Either that or they believe all the rest of us are.
I find increasing difficulty trying to understand how this administration believes that crippling the already thoroughly poor people of the nation is a good thing. They do so while plunging the middle class to the bottom of the pool weighted with the burdens of the elite. The resident, the V.P., the Trans secretary, say as one voice that the greening of America will benefit all. We must do it by noon on Tuesday or the planet will die and you’ll be held accountable.
They are so committed to their Utopian lunacy that the White House Resident recently proposed tax credits to offset the costs of winterizing homes. Buying a new electric powered car (EV) to get to and from a $15/hr job is, in his estimation, only a patriotic obligation that you should happily undertake. Unfortunately, Joe Lunch Bucket can’t just print more money to overcome inane spending like the government does. A bare bones minimum investment of $28,000 for a Nissan Leaf will get you +/- 150 miles on a full charge depending on how much stop and go driving you do.
The good news is you can take up to $7,500 off your taxable income on April 15 of the year following your purchase. **The vehicle must be purchased new. Used EVs are not eligible for the tax credit.** So, for those who cannot afford to purchase a new car and get the tax credits, they probably can’t afford a used EV either because there are no tax incentives helping to offset the cost. Thus, you might pay as much, if not more, for a 2 year old EV as a new one when you figure in the tax savings.
Once the car is purchased, there is the the annual EV tax (ranging from $17.50 to $300.00 per year) that states charge in addition to the normal taxes and registration fees to offset the taxes placed on gasoline and diesel fuels. The cost of charging, presently higher per driven mile than internal combustion engine vehicles, must be taken into account as well. Charging an EV from 20% to 80% can take up to 30 min with a fast commercial charging system (slightly higher cost). It can take hours to achieve 100% charge because the rate of charge slows beyond 80%.
With a full charge on the premium models you can expect to travel 200-250 miles depending on steady driving or stop and go. Getting to work and back is no problem if you work within 50 mi. of home. You can charge overnight and still have the opportunity to earn enough to make the new payment on your car and increased electric bill.
With fossil fuels excessively expensive or out of the picture completely, even the multi-millionaire Climate Czar Kerry might question the benefit of owning his private plane or yacht (not environmentally friendly).
The average American should consider winterizing the family home for green efficiency as well. For doing so, Generous Joe has proposed a program of tax credit to offset the indebtedness incurred for homeowners just scraping by. For renters, the program would just mean higher rents as the owner would have to raise rents to offset the increased costs of materials and labor for the upgrades.
“Transforming our economy to run on electric vehicles, powered by clean energy, and tax credits to help American families winterize their homes and use less energy, will mean that no one will have to worry about gas prices”, the Resident reportedly tweeted.
For those with inordinate concern for the environment, environmental costs to manufacture and dispose of the batteries for EVs cannot be abandoned. <link>, <link>