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Regarding Taxes And Incentives

Discussion in 'General Elio Discussion' started by mkiker2089, Feb 28, 2019.

  1. mkiker2089

    mkiker2089 Elio Addict

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    Apples and oranges. Everyone uses the road equally through mail delivery, going to work etc. Roads are a universal utility. Also, charging for tearing up the road would require weight limits and tire softness to be measured.
     
  2. mkiker2089

    mkiker2089 Elio Addict

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    I don't know why it took me so long to find this. We all assumed Elio wouldn't qualify for a tax credit as it's gas powered. Looks like FUV and Solo don't qualify either. I would say the list is outdated but Kandi is on there. I've written to Solo's facebook page for guidance but they haven't responded. https://www.fueleconomy.gov/feg/taxevb.shtml
     
  3. Maurtis

    Maurtis Elio Addict

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    "All-electric and plug-in hybrid cars purchased in or after 2010 may be eligible for a federal income tax credit of up to $7,500."

    It is because Kandi makes four wheeled cars, the three wheeled FUV and Solo are classified as motorcycles and do not qualify for the $7,500 tax credit.
     
  4. RUCRAYZE

    RUCRAYZE Elio Addict

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    and drive VERY small cars
     
  5. RUCRAYZE

    RUCRAYZE Elio Addict

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    Let's see, so folks who have no kids in schools shouldn't pay school taxes. Pay as you go libraries?, fire departments? police? street lights?
    FEMA?, tax exempt houses of worship being subsidized in part by non-belivers?
     
  6. mkiker2089

    mkiker2089 Elio Addict

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    .
    To be certified for the credit by the manufacturer, the vehicle must meet the following requirements:

    • The vehicle must be made by a manufacturer (i.e., it doesn't include conventional vehicles converted to electric drive)
     
  7. mkiker2089

    mkiker2089 Elio Addict

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    It says vehicle in the legal section. If three wheels excludes them and can't be gotten around then it's a fatal mistake. The tax credit will make better cars the same or close to fuv and solo price.
     
  8. mkiker2089

    mkiker2089 Elio Addict

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    Are you agreeing with me or do you not know what means based is. Everyone pays those because everyone benefits, same as what I think the road tax should be.
     
  9. Made in USA

    Made in USA Elio Addict

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    Lets look to the future of solar panels connected to the grid. If every building made power, that was then sold to the grid, is it not conceivable that the power company would not have enough "profit" to maintain the lines? In essence, the power company would be put out of business by the many small producers. Therefore, a "producer" tax would be implemented for all solar systems connected to the grid in order to maintain it. Some would then save money by going off the grid and using batteries for local storage. Used batteries for EV's will be available in the near future, but I see the possibility that if you buy these batteries, you will pay a disposal or recycle tax when they finally wear out. When it comes to power (electrical/gas etc.) the only way to win and avoid taxes is to go Amish and not use it.
     
  10. RSchneider

    RSchneider Elio Addict

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    If you follow power company stocks, you'll see they have a problem. It's that we have slowly been replacing energy wasting appliances, insulating homes better and replacing all of those indecent bulbs. In the end, they have flat lined when it comes to overall electric usage. What most want are EV's to allow them to bring in more business and thus they can turn the industry around.

    As for solar panels, the best thing for the US is this. Most of us do not have the correct weather, altitude latitude to really get full potential out of solar panels. It's why when solar city came by I educated them as to why my house is a waste of time and money to have panels. Luckily for me I took a solar energy course when I was in college, thus it has way more information in it than what people realize. Plus the points I mentioned and where my house is, proves it. My neighbors were all for it and now they are realizing that what they are getting is peanuts and thus they never realized that the efficiency is starting to drop. So those peanuts have been cut by 1/3.

    Also, if you live in an unregulated state, you pay for the line maintenance as long as a line is run to your house. If you want to cut the line, then you are on your own.

    Plus, depends on the Amish. The ones that built my deck have power run to the barn and a phone. So they are paying for something.
     

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