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Originally Posted by Ironduke
A subject that has piqued my interest now and again. Does anybody else share the opinion that HEV's and electric automobiles should be tax deductible? If the average family could write off $15,000-$20,000 by purchasing one of these vehicles, it would spur sales, and also cut consumption of foreign oil. Tax deductions for purchasing SUV's and pickup trucks helped increase the sales of those, but a negative consequence is an increase in the consumption of foreign crude.
Talk away.
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I agree. I don't see any reason why incentives shouldn't be given. In defence of the SUV tax break (in the US) i think that was loophole regarding business use and weight of vehicle. Its intent was to encourage small business development. Even so, it showed how a niche area of the market could boom with just indirect help.
Equally i don't think there would be that much resistance. The big oil firms are now all disappearing anyway. They are being replaced by energy firms who are as keen as you or I to have a clean sustainable future - just look at the rebrandings and the adverts that are appearing.