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>There should be a limit on the tax break for hybrids, since you still get it on a Porsche 918 Spyder, and I very much doubt that that car will help reduce gree
by Grustaf 9y ago
>There should be a limit on the tax break for hybrids, since you still get it on a Porsche 918 Spyder, and I very much doubt that that car will help reduce greenhouse gasses as much as I doubt that whoever is buying it needs a tax break
Without the tax break they'd surely buy a similar car with a combustion engine so it still makes sense if the purpose is to reduce pollution.
- Broken_Hippo 9y agoI'd rather have the tax break. WIthout it, the person buying the sports car might just buy a different, non-hybrid model. I'd much rather encourage folks to buy them, with the hopes that they'll eventually replace all-gas models as they become more popular. At that point, we can drop the tax breaks.
- sseveran 9y agoWhere I live its not really the tax breaks, its you can get HOV lane stickers.
- Broken_Hippo 9y agoHeh. Here you get tax breaks and/or subsidized, get to drive in the taxi/bus lanes, plus you get to go through the tolls at a reduced cost (or maybe free). It is a really convenient thing, honestly. As far as I know, they have planned phase-outs to some of this and I'd expect more of the same. After all, electric car ownership is already pretty high (I'm in Norway) and eventually they'll need the tax revenue. For now, though, I'm fully supportive of these sorts of incentives if for nothing else than smog reduction.
- artimaeis 9y agoThe Porche 918 Spyder qualifies for a $3,667 tax credit. The car costs $845,000 for the base edition - and only 918 were made. It meets all the criteria of the IRS EV tax credit. It's capable of 78 mpg while emitting only 79 g/km of CO2. Even the Prius only gets 58 mpg while emitting 111 g/km of CO2. While I fundamentally agree that anyone buying a $845k car doesn't need a tax break - I also see that since it meets the rules as stated it should qualify.
- Grustaf 9y agoIt's not because they need the tax break it's because the government wants them to buy a hybrid over a combustion engine car. It's quite simple. The tax breaks here in Denmark were more substantial, before they were phased out. Normal cars have like a 170% tax on them that electric cars were exempt from.