Monday, September 23, 2013

California takes from the poor to help wealthy Telsa drivers

Happy Monday everyone.  Yup.  The poor are subsidizing the not-so-poor.
Take solace in knowing your annual $20 smog abatement fee is hard at work helping those who earn $150,000 and more to buy electric cars.

State of California data show those who typically receive the $1,000 state rebate on top of the $7,500 federal tax credit when they buy an electric car make 2.5 times the median household income in California.

In other words, they can afford to buy the cars without the government transferring money from your pocket into their pockets.

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