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Tag Archives: cars

New bill could tax drivers by the odometer reading, 1.5 cents per mile driven, A tax to commute (VIDEO)

Well your conspiracy buddies on Facebook were right I guess. Arkansas may start coming after drivers for a tax on miles driven. Going to work? Pay a tax. Going to church? Pay a tax. Driving to school? Pay a tax. Want to exist as a human being in relatively rural Arkansas where one has to drive everywhere? Pay a tax.

It should be noted that both the upper and lower houses of the state legislature along with the governorship in Arkansas are all controlled by the Republican Party.

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GOP Michigan Governor bans Tesla direct sales, GM smiles

Crony capitalism is deep in the DNA of both major parties. Republicans do it. Democrats do it. This is a case in point.

GM is a cronyism vortex. The closer one gets to the company the stronger the crony force is. Taxpayer dollars disappear into it and are gone forever. Common sense too. The free market and genuine innovation? They long ago passed over the event horizon.

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S&P slaps junk bond rating on Tesla debt

We are all for innovation. We are all for non-gasoline vehicles which are ready for the market. The Toyota Prius is a great example of a car which makes sense from a business perspective.

Tesla is not as clear cut. I’ve looked at the Tesla S first hand and it is an impressive auto. 0-60 in 4 seconds with no gear shifts is pretty cool. The price relative to other cars with similar levels of performance is competitive.

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Tesla Still Relies on the Taxpayer

Much has been made of Tesla’s repayment of its DOE loan. There has been much crowing. Finally a DOE loan which didn’t implode into a black hole. And we are very happy that the loan has been paid back, and ahead of schedule.

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The Only Metropolis Where the Average Family Can Afford a New Car? Washington DC

The average annual household income for those who live in the Washington DC area is $86,680. And this is factoring some of the “less wealthy” counties of the region too. Loudoun County, just to my north averages over $120,000/household/year. It’s the wealthiest county in the United States largely because it is filled to the brim with government employees and military contractors. In years past one would have expected the wealthiest areas of the country to be populated by captains of industry, but no longer. Government is the route to riches for more and more people these days

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