Tuesday, February 14, 2012

The Chevy Volt: Obama's Tax Break For The Rich

For months, now, President Obama has been preaching about fairness and how the rich should pay their fair share in taxes. Yet, for over a year, Obama has been handing out $7,000 checks to a bunch of wealthy, liberal environmentalists who bought a Chevy Volt. Last year, those checks amounted to more than $100 million of tax payer money. And, for what? A car that must be recharged for at least 10 hours a day while using up enough electricity to continuously run fourteen 100 watt light bulbs over the entire period of the recharge. And, what's really laughable about these supposedly green cars is that most of the electricity used to recharge them comes primarily from coal and other fossil fuels. But, those buying the Volt aren't really concerned about that little "dirty energy" part of their Volt ownership. Instead, they want their Volts so they can proudly "wear" them as proof of how eco-friendly they are.

For sure, the Volt is no poor-man's car. With a $41,000 price tag and with the first year costs exceeding $4500 (sales tax, vehicle tax, and insurance), your talking about spending $2000 more than what the average American makes in a year. It also means that the typical Volt owner has to be making more than the $250,000 that Obama, himself, defines as being rich.

I just think that if you're rich, and that committed to being a show-off to all your environmental friends, you don't need a tax break. But, no, Obama wants a million electric cars on the road by 2015 and he will waste as much taxpayer money he needs to in order to make that happen. In fact, his latest budget ups the $7000 tax rebate to $10,000. That's because sales of the Chevy Volts are floundering and these "pigs" could really use another 40% "lipstick" boost to attract new buyers. I'm just waiting for Obama to declare the Volt a health benefit and force the insurance companies to give them out for free. You know. just like contraceptives.

1 comment:

Georgia Drivers Ed said...

I will appreciate any act which related to encourage the usage of greener energy, But i would suggest Obama that instead of giving such benefits please put that money on researching & changing our electrical grid production into pure green and patent the those papers for public use this will improve the competition reduce the price on ground.