Here’s the latest reader question, along with my reply!
Eric asks: Have you heard Chuck Schumer promised that if Democrats win the Senate in 2020, they’ll pass a law requiring that every car in America be electric by 2040?
My reply: No – but I am not the least bit surprised by this. Schumer has already proposed a “bold new plan” (their plans are always “bold”) to massively increase the subsidies for EVs – from the current maximum of $7,500 per car to $10,000 or more. The idea being to artificially – but temporarily – efface the enormous economic advantage IC cars have over EVs.
I also dread the reverse – i.e., punitive taxes applied to IC cars to make them as artificially expensive as EVs are, naturally. Such taxes are already applied in China. I expect them to be applied here, too,
I hate to say this, but our only hope is orange… the Orange Man.
If he loses, it’s over.
. . .
Got a question about cars, Libertarian politics – or anything else? Click on the “ask Eric” link and send ’em in!
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