Chevy Volt subsidies costing taxpayers 250K per vehicle (environmentalist, Obama, how much)
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Doesn't matter how much it cost the beauroweenies to invent their little PC toys for moonbats. It's not their money so who cares.
"Each Chevy Volt sold thus far may have as much as $250,000 in state and federal dollars in incentives behind it – a total of $3 billion altogether, according to an analysis by James Hohman, assistant director of fiscal policy at the Mackinac Center for Public Policy.
Hohman looked at total state and federal assistance offered for the development and production of the Chevy Volt, General Motors’ plug-in hybrid electric vehicle. His analysis included 18 government deals that included loans, rebates, grants and tax credits. The amount of government assistance does not include the fact that General Motors is currently 26 percent owned by the federal government."
Doesn't matter how much it cost the beauroweenies to invent their little PC toys for moonbats. It's not their money so who cares.
"Each Chevy Volt sold thus far may have as much as $250,000 in state and federal dollars in incentives behind it – a total of $3 billion altogether, according to an analysis by James Hohman, assistant director of fiscal policy at the Mackinac Center for Public Policy.
Hohman looked at total state and federal assistance offered for the development and production of the Chevy Volt, General Motors’ plug-in hybrid electric vehicle. His analysis included 18 government deals that included loans, rebates, grants and tax credits. The amount of government assistance does not include the fact that General Motors is currently 26 percent owned by the federal government."
First problem with the numbers i see is that they are using the full amount of tax credits given for the assembly plant. If the plant only made the volt, that would be true, but it also builds other GM vehicles.
The Mackinac Center for Public Policy is like the Heritage Foundation. The results are always politically self serving for the moment.
(of course you don't remember when the Heritage Foundation was pushing that every American be required to buy health insurance in the 1980's)
Doesn't matter how much it cost the beauroweenies to invent their little PC toys for moonbats. It's not their money so who cares.
"Each Chevy Volt sold thus far may have as much as $250,000 in state and federal dollars in incentives behind it – a total of $3 billion altogether, according to an analysis by James Hohman, assistant director of fiscal policy at the Mackinac Center for Public Policy.
Hohman looked at total state and federal assistance offered for the development and production of the Chevy Volt, General Motors’ plug-in hybrid electric vehicle. His analysis included 18 government deals that included loans, rebates, grants and tax credits. The amount of government assistance does not include the fact that General Motors is currently 26 percent owned by the federal government."
Really? Last I checked they run 40 miles on the charge then switch over to gas. Maybe all that money pumped into em they can burn gas clean now too?? Where are they going to get all the rare earth stuff needed for those batteries?
It makes me laugh when I see some rich environmentalist driving his Prius at 60 mph through Los Angeles. A sea of eight lanes and never ending traffic.
This egghead thinks he's making a difference.
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