Uber assigned its IP to Bermuda. As a result, less than 2% of its total revenue would be subject to taxes by the Federal government.
Browsing the "taxes" Tag
Despite denials from Tesla, Germany’s Economy Minister Sigmar Gabriel said “we are in talks,” with the Tesla Motors CEO about a possible new battery plant.
People who bought VW diesels in 2009 were eligible for a $1300 green car tax credit, only the cars aren’t green, and VW could be in trouble with the IRS.
The 2016 Audi R8 is ditching its 4.2 liter V8 due to strict taxes in China, but the 2.9 liter turbo V6 we might get instead could be a total, 450 HP gem!
The Chinese government is considering a subsidy for lithium-ion batteries, even though the country already has more battery production than it needs.
Elio Motors may be getting the $200 million it needs to start production from American taxpayers in the form of a DOE loan.
Will declining revenue from gas taxes across the country lead to a call for more taxes on electric vehicles? Probably, writes one EV analyst.
Despite the growing popularity of hybrid vehicle taxes and electric vehicle taxes among state legislatures, Virginia has decided to repeal their hybrid vehicle tax.
For every action, there is an opposite and equal reaction, and in the case of cars higher fuel economy is coming at a high cost, literally, for the nation’s infrastructure. With the federal highway fund not covering necessary repairs or improvements anymore, many states are seriously considering a tax-by-mile system that has privacy rights advocates up in arms.
Elio Motors’ next payment of three-million USD to Racer Trust – the “old GM” the property liquidation agent selling the old Shreveport GM plant to Elio – is due September 4th … and Paul Elio is asking the people of Shreveport to pony up the funds. They shouldn’t, because Elio’s numbers don’t add up.
The Federal Highway Fund has had a budget shortfall for decades, owing mostly to the fact that the Federal gas tax hasn’t budged since 1993. That alone was bad enough to cause our infrastructure to fall trillions of dollars behind, and new more fuel-efficient cars are only compounding the problem. This has Transportation Secretary Ray LaHood looking at options that include higher taxes and tracking miles driven.
So far Virginia is considering electric car tax and Washington State already has a $100 fee put into place. Now Texas has added itself to the mix. The state of Texas, like Virginia, has not changed its gas tax in about twenty years – the Texas gas tax sits at 38.4 cents per gallon.
In some parts of the country, there is a very real and rational discussion about the role electric vehicles will play in transportation, especially when it comes to paying taxes. Without the need to buy gasoline, EVs avoid paying for taxes on the same roads they use. But a proposal by Virginia Governor Bob McDonnell would eliminate the gas tax, while levying a $115 a year free on electric and plug-in hybrid drivers. Seriously?
Earlier this week, CSR announced plans to build the world’s first carbon-neutral locomotive. Set to run on biocoal (“coal” fuel created through an energy-efficient processing and compressing of cellulosic biomass), the train will will have the same performance and load-hauling capabilities as traditional coal-burning engines, but without harmful metals or volatile off-gasses. Check out the […]
Whenever I turn on the news these days and people are taking about the price at the pump it is only a matter of time before the talking head who represents the conservative party mentions electric vehicles (EV). It seems that The Right has dusted off an old talking point – EVs are bad because […]
The United States Post Office is dirty, inefficient, and – after failing to pay back the $12 billion loan it got from the US Gov’t – hemorrhaging cash at an alarming rate. Total collapse (in the form of not being able to pay employees, pay bills, or buy stamps) has been looming for over a […]
Many people are trying to figure out what is the government’s “fair share” of income from the nation’s wealthiest people and corporations. In a move that is sure to upset anti-tax advocates, the Obama administration wants to raise the royalties that land-based oil drilling operations pay by 50% It would be the first such oil […]
In what could be a preview of the future, Washington has become the first U.S. state to impose an annual tax on EV drivers to make up for lost tax revenue. This is because electric vehicles don’t need gas, which is taxed to to provide for road repairs and infrastructure improvements. This move has some […]
Solar energy has been in the news quite a bit these days with its ubiquity, advances in infrastructure, and expansion (as well as some major setbacks) making waves in the media. On the back of that publicity, Florida Power and Light Company (FPL) is working with the Florida Public Service Commission to offer rebates on […]
When I wrote “5 Ethanol Myths Exposed – as Crap!” a few days ago, I knew that it would upset some people (cognitive dissonance, and all that), but I was more surprised by the number of people leaving comments like this one, below, left by Steve Shurts. Your article (re. Argonne’s study) ignored the real […]