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The PJ Tatler

by
Scott Ott

Bio

May 25, 2013 - 3:32 am

Elon Musk’s electric sports car venture has now enhanced its street cred by doing something rare — paying back $465 million in government loan money…early.

But as the Wall Street Journal reveals, that’s not the end of the taxpayer-funded gravy train for Tesla. Apparently, each car is built with about $45,000 of taxpayer subsidy, when you tally the federal, state and local incentives.

Of course, it’s not polite to ask, as the Journal does: “…why billionaires in California couldn’t have financed the business themselves. Why should middle-class taxpayers whose incomes are falling still pay to subsidize the purchase of cars that only the affluent can afford…?”

Riding high in the public eye at the moment, Tesla would make no profit if not for its sales of emission credits to the automakers who build the petrol-burning cars and trucks ordinary folks can afford. So, the car made by billionaires and purchased by millionaires is actually driving up the cost of transportation for us thousandaires through emission credits, not to mention spreading our “wealth” around to the rich through the tax code.

And all of this at the behest of the President whose lips drip vitriol as he spits out the imprecation “millionaires and billionaires,” and makes it clear to the proles that the rich are the reason that children go to bed hungry and stupid in America.

Scott Ott co-hosts a news, commentary and humor show called Trifecta on PJTV. He created and hosted the 20-part series on the Constitution titled Freedom's Charter. His satire site, ScrappleFace, spawned three books and praise from Rush Limbaugh, Glenn Beck, Mark Levin and many others.

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All Comments   (5)
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The Declamation of Dependence has been published. The new brand of rabid royals live in ignoble elegance while the serfs line up to wait for their phony promised benefits.
46 weeks ago
46 weeks ago Link To Comment
"Apparently, each car is built with about $45,000 of taxpayer subsidy, when you tally the federal, state and local incentives."

In other words, it's our fault--because it's our government--and neither Tesla nor Musk as specifically cited have jack to with it.
46 weeks ago
46 weeks ago Link To Comment
Bingo! I signed on just to compliment/complement your post. We elected these prostiticians who turn around and write the tax code, and pass laws, favoring wealthy people, who can afford expensive tax lawyers to work out these wealth transfers. They can afford to set up these shell companies to receive our wealth. The fact that Tesla produces a car for the 1% is a nice extra...for those who can afford it.

But it's uncomfortable to look in the mirror and ask 'why do I keep voting for these traitors?' Remember, politics is the art of lying in a manner that convinces your constituents you represent them.
46 weeks ago
46 weeks ago Link To Comment
I've always considered that the eco-mentalists want the middle class to pay for expensive electric cars because they *only* want the wealthy to be able to afford such vehicles, while at the same time driving cheaper vehicles off the roads completely. After all, for cars, what do rich lefties show contempt for most? Domestics, particularly Ford. Rich lefties in this country tend to prefer continental Europe's showy luxury cars.
46 weeks ago
46 weeks ago Link To Comment
The elitists, many of whom are the wealthiest in the country, want to recreate feudalism here. We fought a war of independence to throw off these chains, now we're voting ourselves back into serfdom as fast as we can. The entitlement cookies will only last as long as it takes to get all the 'right' people elected, then it's Hunger Games time. In case you haven't noticed, CEOs are now 'flocking' to DC to participate in the legislative process. They're not even pretending to be democratic anymore. Our masters have arrived.

http://www.politico.com/story/2013/05/ceos-storm-washington-apple-jpmorganchase-facebook-91886.html

When's it going to be enough?
46 weeks ago
46 weeks ago Link To Comment
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