State Senator Ted Gaines (R-Rocklin) has a great idea.
He proposes limiting the state rebates on electric vehicles to cars priced at $40,000 or less.
Currently, most of the state rebate cash is going to people who earn twice the national average. Most of these vehicles are manufactured by Telsa Motors in the old General Motors/Toyota plant in Fremont. The base price on the Telsa S had started at $71,000 and is going up as the company stops producing the lowest priced S sedan.
Surveys show that 77 percent of electric car purchasers in California earn more than $100,000 per year. It's well past time to eliminate that giveaway of tax money.
It's particularly egregious because the electric cars pay no gasoline taxes and the roads statewide are crumpling because of a lack of maintenance. The hefty cash payments amount to $2,500 from the state plus a $7,500 tax credit from the feds. That's $10k in the pocket of a person who can afford at $100k car.
It's time for change.
If you want to weigh in on the Bay Area air board's plans to wipe out wood-burning fireplaces and stoves, you can comment in Livermore on tonight from 6-8 p.m. at the City Council Chambers. It's one of nine meetings the board's staffers are holding around the Bay Area.