The proposed tax plan is bad on many levels, but one way in which it will directly hurt American jobs, manufacturing, the economy, and the environment is by immediately repealing the EV tax credit (IRS Section 30D) instead of letting it expire of its own accord.
- Car manufacturers have already planned production with this credit.
- EVs are the only modern vehicles that can run on coal power.
- EVs run on 100% domestically-produced fuel (electricity), compared to regular cars that run on imported fuel.
- Buying new cars is good for the economy, and most EVs have domestic production plants compared to ICE (Internal Combustion Engine) vehicles which are manufactured overseas.
- EVs don’t produce any local pollution, thereby cleaning up the air (not that the EPA cares about this anymore).
- EVs help reduce greenhouse gas emissions (not that our government cares about this anymore).
If you’re interested in keeping incentives for one of the last great American-manufactured products, and the associated jobs that go along with making them, please tell your representatives in congress. Here’s how to start:
Okay, folks, here’s what it boils down to (pun intended): the next few decades will see more intense and frequent droughts, flooding, crop failures, food insecurity, mass migrations (Europe’s current refugee “crisis” is mild by comparison), severe weather, and conflicts over ever-dwindling natural resources as our home planet’s climate change forcibly changes our behaviors. Humans generally suck at nonviolent conflict resolution, so there will probably be much violence. The world will be divided between the nations as “haves” and “have-nots” even more so than today as our humanitarian relief effort resources are reallocated to deal with domestic crises. There is no avoiding it at this point, so let’s just accept it and try not to completely annihilate each other in the process, okay?
The National Oceanic and Atmospheric Administration said that 2015 is on track to be the hottest year on record by a large margin.
Source: 2015 Likely to Be Hottest Year Ever Recorded
I feel the pressure, too. I’m sinking all of my money into a house. (Not into a sinking house, I hope.) Is it a wise investment? Is it even an investment? I don’t know, but I do know that I need floors to walk on and cabinets in which I can store my food.
Marx believed that the first nations to find true communism would be affluent nations such as the United States. Russia was an aberrance, attempted to skip a step, and ultimately failed in a world where capitalism had not yet hit its stride. It is unfortunate that this miscooked “communism” is stigmatized and demonized in our society. I can only hope the growing divide between the rich and poor in this country leads to a better world for tomorrow, but sinking into the cynicism of a prolonged recession affords me little optimism.
Fishing | The Reluctant Grownup.
All I can say is, “Amen!”