464
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 29 May 2024
464 points (86.0% liked)
News
36529 readers
369 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious biased sources will be removed at the mods’ discretion. Supporting links can be added in comments or posted separately but not to the post body. Sources may be checked for reliability using Wikipedia, MBFC, AdFontes, GroundNews, etc.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source. Clickbait titles may be removed.
Posts which titles don’t match the source may be removed. If the site changed their headline, we may ask you to update the post title. Clickbait titles use hyperbolic language and do not accurately describe the article content. When necessary, post titles may be edited, clearly marked with [brackets], but may never be used to editorialize or comment on the content.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials, videos, blogs, press releases, or celebrity gossip will be allowed. All posts will be judged on a case-by-case basis. Mods may use discretion to pre-approve videos or press releases from highly credible sources that provide unique, newsworthy content not available or possible in another format.
7. No duplicate posts.
If an article has already been posted, it will be removed. Different articles reporting on the same subject are permitted. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners or news aggregators.
All posts must link to original article sources. You may include archival links in the post description. News aggregators such as Yahoo, Google, Hacker News, etc. should be avoided in favor of the original source link. Newswire services such as AP, Reuters, or AFP, are frequently republished and may be shared from other credible sources.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
That's a funny way to get the auto companies and unions in the three states Biden really needs to go all in on Biden.
I'm confused. Both of them seem to be trying to lose this election.
Brewster's Millions gets more and more realistic by the day.
https://www.youtube.com/watch?v=hCFzYcLVNk0
Vote “none of the above.”
Why? Better margins on gas cars, I think industrial Michigan would love this because it means they won't be squeezed into electric car manufacturing. I get told by big 3 engineers that if it wasn't for the subsidies they wouldn't be electrifying their fleets. The consumer may not like it, unions may not like it, but the companies could give a damn.
We've been subsidizing ICE vehicles for the better part of the last century. Famously, Bush Jr passed enormous tax cuts for SUVs and other "light trucks" back in 2003.
Because these rules didn't require a business to exist for a minimum length of time or post a profit, car dealerships would help buyers spin up small businesses on the spot in order to avail themselves of the credit. SUVs flooded the market and have been a load on the national car fleet ever since.
Now we're pivoting to electric vehicles in order to stay competitive globally, and (fossil fuel endorsed) business magazines have suddenly started poo-pooing the idea of vehicle subsidies as unnatural. Curious.
I answered that in the first post. Better margins on ice, thats why businesses 'suddenly' don't like the current subsidies we have.
Yeah, that corporate tax credit is also why the Ford F-150 is the most commonly purchased vehicle by millionaires and billionaires. It’s the smallest vehicle able to be classified as a work truck, to qualify for tax credits. They can basically deduct the entire cost of the vehicle on their taxes, because they purchase it through a shell corporation (of which they’re the sole owner and operator.)