Saturday, November 18, 2017

Is gas guzzler tax credit next Roskam giveaway?


My congressman Peter Roskam (IL-6) is popping up all over the media (but not the 6th District) touting his cruelly named 'middle class tax cut' bill even tho 78% of the goodies go to the upper 5% of earners. Roskam's prints are all over the bill as House Ways & Means Tax Policy Committee Chairman. A truly senseless, shortsighted provision in the bill eliminates the $7,500 tax credit to purchase a BEV (Battery Electric Vehicle). This credit applies on the first 200,000 BEV's sold by a car maker. It benefits environmentally conscious but cash strapped middle class purchasers reluctant to fork over an extra ten grand to go green, however important that is. It also aids America's commitment reduce greenhouse gases from 265 million stinkpots choking Mother Earth's atmosphere in Amerca. The upper 5% boys won't be affected. Roskam's bonanza to them will allow the purchase of a hundred grand Tesla for every driver in the family without a thought of losing the $7,500 tax credit. Roskam and his GOP servants to the wealthy elite don't do conservation. That is simply one more Obama administration initiative that must be overturned to please their base. What's next from Roskam....a tax credit for gas guzzlers?

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