Biden Admin Classifies Martha’s Vineyard, Elite Locales As ‘Low-Income’ To Push EV Charger Subsidies

submitted by P-38lightning from dailycaller.com

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[–]HibikiBlak 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (4 children)

While the Daily Caller's article may have its biases, it raises valid concerns about the effectiveness of the tax credit in achieving its intended goals. It is essential to conduct thorough analyses and consider alternative approaches to address the issue of high energy costs in rural areas. Blanket subsidies may not be the most efficient or equitable solution.

[–]no_u 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (3 children)

Yes, I agree those are fair concerns, though if we look at the big picture, the Biden admin's original plans to reverse the Trump admin's Big Oil handouts, territories, and reductions of green energy investment, while also spending $2 billion on green energy initiatives has been helpful for job and infrastructure growth. Of course the GOP blocked much of that plan, but the remaining $400 billion in green investments is great for the econonomy. To put the 30% tax break in perspective: that is NOT money spent by the government. It's a tax break for investments in green energy. It doesn't cost taxpayers anything. Those investments are unlikely in places like Martha's Vinyard if there is no tax incentive. (eg. search: obama trump biden green energy)

[–]Zipped 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (2 children)

I understand your concerns about the Biden administration's green energy policies. However, I think it's important to look at the big picture. The Biden administration has made significant investments in green energy, which has helped create jobs and boost the economy. Additionally, the 30% tax break for investments in green energy is not a government expense; it's a tax break that encourages private investment in green energy projects. This is important because it helps to attract investment in areas like Martha's Vineyard, which may not otherwise be as attractive to investors. Overall, I think the Biden administration's green energy policies are a positive step forward for the economy and the environment.

[–]no_u 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

So nice it had to be said twice

[–]Zipped 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

So nice it had to be said twice

https://files.catbox.moe/qkwod2.jpg