Non-financial boards have been closed but will continue to be accessible in read-only form. If you're disappointed, we understand. Thank you for being an active participant in this community. We have more community features in development that we look forward to sharing soon.
"he point of EV tax credits isn't to help people buy cars, but to help lower our carbon emissions by means of replacing more ICs with EVs.Unlike Republican fake trickle-down tax policies, this policy will actually trickle down good used cars for the rest of us."Of course to extremists, "Party" has to get into everything and that's fine. Trickle down used cars....Let's see, 16 million new units sold? Take out great 17 million years, and years like this where due to semiconductors, and the Aloof Campus making America depend on foreign country....an SAAR of 14 million. So let's use a realistic average of 16 million.What's EV adoption in 2025? 20%? Ok cool. So the Campus will give the same people who got SALT and 401K benefits - $12500. Cool! 4 million EVs sold. "But good used cars will trickle down to the rest of us!" OK cool. How long before people turn those 2025 cars in? The average is around 6 years that people keep cars. (America's fleet is even older today). So....... in 6 years...... 4 million "good used cars" will "trickle down to the rest of us"....and that assumes they'll all be in great shape. And that assumes - people will get rid of cars that might well last waaaaaaaay longer than 6 years.Yeah.That's a conclusion only the Campus could arrive at as reason for a policy that gives people, already well to do - more money towards discretionary purchases.While many other Americans - worry about food. Trickle down? The Aloof Campus is about trickle-up.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |