"For just $32 million a year, Energy Star helps American families save over $40 billion in annual energy costs."
So when the program ends, manufacturers will dig out their early 1990's appliance designs and energy use will sky rocket?
Or will manufacturers simply keep making the same energy-efficient appliances they have been for the last few years?
I suspect they will not revert to the 30 year-old designs...
With the dismantling of energy standards, poor people will have to pay even more for electricity.
Why will the elimination of the Energy Star program make electricity more expensive? Will it make their appliances less efficient?
Energy Star started in 1992, haven't consumers been educated about what to look for when buying appliances?
Can't appliance manufacturers make energy-efficient appliances without a government program?
It is possible that after all these years consumers have been educated in how to select energy-efficient appliances, isn't it?
The lawmakers had three choices:
A) A flat tax,
B) A mileage/usage-based tax, or
C) Ignore the issue.
C is not an option, and B is a bear to calculate, so they went with option A, and just picked $200 for EV, $100 for Hybrid, and $20 for ICE.
The vast majority of vehicle owners will pay $20/car per year.
Do your federal income taxes trump your state and local income taxes so you don't have to pay them?
No.
The IRS audits low-income tax filers because that's where the money is. Middle income filers generally just pay the right amount, and high-income filers hire accountants to give them every legal advantage and to ensure they can pass an (expected) audit.
Trump was routinely audited before he ran for office - funny thing is, he never had a problem - it just took a long time to do each audit. (If he was caught cheating on his taxes, we would have heard about it in 2016, but we didn't)
Uh, the IRS performs plenty of audits, it's not really a problem.
https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Fsgp.fas.org%2Fcrs%2Fmisc%2FI...
Always cracks me up - Republicans cut tens of thousands of gov't workers and get no credit for cutting the size of gov't, they they propose a small tax, and all of a sudden the Republicans are trying to grow the size of government!
That's far too low. Tax brackets should function to effectively prevent anyone from obtaining the type of wealth that the wealthiest Americans enjoy. The highest tax bracket should be a 99% tax.
It's been tried, didn't work.
Britain had a top tax rate of 95% at the height of the Beatles popularity - they wrote a song about it and moved their business location outside the UK.
We had a similar high tax rate before the Kennedy administration, then Kennedy cut the top tax RATE in half (IIRC) and tax REVENUE soared!
Ronald Reagan told the story about how he got around the aggressive income tax rates when he was in Hollywood as an actor. Once his income approached the highest tax level, he simply stopped working for the rest of the year. He hated doing that because it reduced the number of films produced in Hollywood, which limited opportunities for all the people that would have worked on those movies he didn't make. The high tax rate hurt the workers, not the rich.
NJ imposed a so-called millionaires tax on, among other things, yachts - guess what happened? Boat manufacturers and boat sellers all closed up shop and moved to tax-friendly states to avoid the punitive NJ tax on high-end boats. And who did that hurt? The folks that worked in the boat yards that couldn't afford to move out of state.
Thinking you can just soak the rich is pure folly, they can afford to move. I remember when one rich person left NJ and moved to Florida - the state of New Jersey had to re-adjust the state budget to account for the lost tax revenue from just the one taxpayer.
Source: https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Fwww.nytimes.com%2F2016%2F0...
In the long run, everyone converting to electric would be something to be celebrated and lost gas tax revenue would not even need to be replaced.
Because driving all those much heavier EVs on public roads wouldn't be an issue, the roads wouldn't need to be repaired? Or are you pretending that everyone would be happy to fund road maintenance and construction thru property, income, and sales tax revenue?
In Texas, the average driver pays an estimated $9.52/month in Texas road taxes.
We pay $0.20/gallon in taxes, $0.05 of each gallon's tax revenue (25%) goes towards education.
To burn as much gas to generate $200 in state tax revenue, a driver would need to buy 1,000 gallons of gas in a year, or about 80 gallons/week.
Source: https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Fwww.dot.state.tx.us%2Ftt...
Fees are the most regressive form of taxation. Put a $100 fee on all cars? That eats up FAR more % of income for people who are in poverty than for the rich.
The poor drive ICE vehicles, if they drive anything, and if they can't swing $0.40/week, maybe car ownership isn't for them?
Sales taxes? 2nd most. Those who are lower on the economic ladder spend month-to-month.
The vast majority of purchases made by the poor are for staples - food, clothing, etc which is tax-exempt.
Property taxes are the 3nd most regressive - they just get passed down in rent costs.
Property taxes fund the social and government systems the poor rely on most of all, why shouldn't they contribute to the schools, police, fire, parks, libraries, etc their property taxes go towards?
A FAIR tax system is a graduated income tax system.
Our current (U.S.) income tax rate is graduated, the first few tens of thousand of income is tax-free, and the tax rate slowly increases as your income rises... but you knew that, didn't you?
But that's been fucked over because the rich are fucking retard bastards who won't pay their fair share.
Funny thing about "the fucking retard bastards who won't pay their fair share" - the top 1% of income earners pay almost 40% of all collected income taxes, and the bottom 50% of income earners (the poor) pay almost 3% of all collected income taxes.
He has absolutely no leverage over China right now, and China knows it.
Really? How long can China afford to keep manufacturing things without US buyers? I think each has some leverage over the other.
If China really wanted to hurt America, it would start dumping our treasury bonds, making it more expensive for the U.S. to sell debt/raise capital for deficit spending.
Last year as Mason paid $9BN in income taxes:
https://ancillary-proxy.atarimworker.io?url=https%3A%2F%2Fm.macrotrends.net%2Fstoc...
He attacked the menu system after being fired, you know, an act of revenge.
"I may be synthetic, but I'm not stupid" -- the artificial person, from _Aliens_
