3 ms·
The percentage of the population that can afford a $50k+ car and doesn't pay enough in taxes to get the full rebate is rather small and I would imagine mostly e
by slg 3y ago
The percentage of the population that can afford a $50k+ car and doesn't pay enough in taxes to get the full rebate is rather small and I would imagine mostly extremely wealthy. Even so, it depends on how the tax rebate is designed. We can set them up to pay out a negative income tax if that is desirable. Hardly dystopian in my opinion and inarguably not fascist.
- fooker 3y agoMost middle class people in the US end up buying a car which costs approximately equal to a year's income. (Average new car price: 46k, Median Income: ~54k before tax) If tax rebates become a way to control what people can and can not afford to buy, it's just a welfare program deceptively designed for benefiting the top few percent of people drawing a steady income. Maybe most people are buying cars they can not afford, but that is not an excuse to take away that choice.