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I’m sure people are doing this out of pure altruism and not for the massive tax/BIK savings that the government have set up https://www.parkers.co.uk/car-tax/a

I’m sure people are doing this out of pure altruism and not for the massive tax/BIK savings that the government have set up https://www.parkers.co.uk/car-tax/advice/bik-changes-for-plug-in-hybrid-and-electric-cars/ https://www.parkers.co.uk/car-tax/advice/bik-changes-for-plu...

pjerem 5y ago
And that’s totally ok. Taxes are one of the tool a government can use to lean towards societal goals.
- walshemj 5y ago
  Tax breaks for rich middle class people :-) As with solar power used to be, our solar installation is guaranteed an 8% roi for 20 years plus the advantage of the power we generate
  - cogman10 5y ago
    Is there any tax break that doesn't benefit the rich/middle class? That's sort of the nature of tax breaks.
    - walshemj 5y ago
      I should have said really only benefits the rich/middle class.
junon 5y ago
Alas, that's what taxes should be used for :)
ljf 5y ago
I for one am really pleased that those cars will enter the used car market soon - yes the benefits hit one group today, but soon that will be spread further.
- Tagbert 5y ago
  This gets more EVs into the market, builds demand, and once these are cars go on the used market, ensures more, cheaper EVs for people who can’t afford a new car.
  - squarefoot 5y ago
    Also the used market should help bring down the new ones prices for being comparatively in better condition than combustion ones with the same age. It's probably too early to build any significant statistics, but electric engines should last a lot more than combustion ones, therefore a well treated used electric car would probably just need a new set of batteries and tires even after hundreds thousands of Km.
r00fus 5y ago
Tax policy is public policy. If a government has a desire to deal with climate change, the best way to entice/force industry and consumers to take action is to bake those initiatives into tax policy.

pjerem 5y ago

And that’s totally ok. Taxes are one of the tool a government can use to lean towards societal goals.

walshemj 5y ago
Tax breaks for rich middle class people :-) As with solar power used to be, our solar installation is guaranteed an 8% roi for 20 years plus the advantage of the power we generate
- cogman10 5y ago
  Is there any tax break that doesn't benefit the rich/middle class? That's sort of the nature of tax breaks.
  - walshemj 5y ago
    I should have said really only benefits the rich/middle class.

junon 5y ago

Alas, that's what taxes should be used for :)

ljf 5y ago

I for one am really pleased that those cars will enter the used car market soon - yes the benefits hit one group today, but soon that will be spread further.

Tagbert 5y ago
This gets more EVs into the market, builds demand, and once these are cars go on the used market, ensures more, cheaper EVs for people who can’t afford a new car.
- squarefoot 5y ago
  Also the used market should help bring down the new ones prices for being comparatively in better condition than combustion ones with the same age. It's probably too early to build any significant statistics, but electric engines should last a lot more than combustion ones, therefore a well treated used electric car would probably just need a new set of batteries and tires even after hundreds thousands of Km.

r00fus 5y ago

Tax policy is public policy. If a government has a desire to deal with climate change, the best way to entice/force industry and consumers to take action is to bake those initiatives into tax policy.