TO GET BACK AT G.M., TRUMP THREATENS TO PUNISH ANY AMERICAN WHO BUYS AN ELECTRIC CAR
The president is in a MOOD........
https://www.vanityfair.com/news/2018/11/trump-general-motors-subsidies-threat
Obviously, the president of the United States threatening to punish a private company for making a decision based on market realities that are partially his fault is . . . really something! But the whole thing takes on some extra hilarity when you realize, for the 927th time this year, what this not-at-all-smart guy is unintentionally proposing. As Dan Primackpoints out, subsidies for G.M.-specific electric vehicles do not exist. Rather, there are industry-wide federal tax credits of up to $7,500 available for purchasers of U.S. electric cars, with “aggregate caps of 200,000 vehicles per manufacturer.” In other words, getting rid of the subsidy in its current form would hurt both American consumers and other auto manufacturers.
if we buy a chevy truck do we get a hat with choice of color..red or black?
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