Official LRC President Donald J Trump Thread

Fat hurts wrote:

Run-out wrote:

It doesn't run out. It reduces to 50% on Jan 1. And then to 25% middle of next year. In 2020 it goes to 0%.

That's what I said. It "runs out" at the end of 2019. If I had said "phases out" it would have been a little more accurate.

There are efforts underway in congress to extend the EV credit. As the law stands, it punishes forward-thinking companies like GM and Tesla for making EV's that people actually want to buy. Now those two American companies are at a competitive disadvantage with foreign car makers who are just now entering the American EV market.

For example, if you buy a Hyundai Kona EV in January of 2020 you will get a $7500 tax credit. If you buy an EV from Tesla or GM you get nothing.

GM has been supporting the fix for the tax credit. They have also been pushing for nationwide zero-emission rules similar to what California has. I'd be willing to bet that GM would reopen some of those plants in exchange for favorable legislation. That's probably what Tiny talked about with GM CEO Mary Barra yesterday.

Either way, GM is moving forward full steam with its EV platforms. That's where the worldwide demand is going.

Tech Center Warren, MI wrote:

Fat hurts wrote:

That's what I said. It "runs out" at the end of 2019. If I had said "phases out" it would have been a little more accurate.

There are efforts underway in congress to extend the EV credit. As the law stands, it punishes forward-thinking companies like GM and Tesla for making EV's that people actually want to buy. Now those two American companies are at a competitive disadvantage with foreign car makers who are just now entering the American EV market.

For example, if you buy a Hyundai Kona EV in January of 2020 you will get a $7500 tax credit. If you buy an EV from Tesla or GM you get nothing.

GM has been supporting the fix for the tax credit. They have also been pushing for nationwide zero-emission rules similar to what California has. I'd be willing to bet that GM would reopen some of those plants in exchange for favorable legislation. That's probably what Tiny talked about with GM CEO Mary Barra yesterday.

Either way, GM is moving forward full steam with its EV platforms. That's where the worldwide demand is going.

I work for GM at the Warren Tech Center, 16 years now. I'm new here, I'm admitting that upfront, but you appear to be a liberal who believes his word to be gospel. What you say is NOT true about GM and the direction they are going. Trust me, I know;) Some of you appear to be so strong with your political beliefs that you'll say anything for the sake of appearing to be right. Unless you work at GM, I highly doubt you do, you're clueless on where things are going.

Tech Center Warren, MI wrote:

Fat hurts wrote:

That's what I said. It "runs out" at the end of 2019. If I had said "phases out" it would have been a little more accurate.

There are efforts underway in congress to extend the EV credit. As the law stands, it punishes forward-thinking companies like GM and Tesla for making EV's that people actually want to buy. Now those two American companies are at a competitive disadvantage with foreign car makers who are just now entering the American EV market.

For example, if you buy a Hyundai Kona EV in January of 2020 you will get a $7500 tax credit. If you buy an EV from Tesla or GM you get nothing.

GM has been supporting the fix for the tax credit. They have also been pushing for nationwide zero-emission rules similar to what California has. I'd be willing to bet that GM would reopen some of those plants in exchange for favorable legislation. That's probably what Tiny talked about with GM CEO Mary Barra yesterday.

Either way, GM is moving forward full steam with its EV platforms. That's where the worldwide demand is going.

I work for GM at the Warren Tech Center, 16 years now. I'm new here, I'm admitting that upfront, but you appear to be a liberal who believes his word to be gospel. What you say is NOT true about GM and the direction they are going. Trust me, I know;) Some of you appear to be so strong with your political beliefs that you'll say anything for the sake of appearing to be right. Unless you work at GM, I highly doubt you do, you're clueless on where things are going.

Fat hurts wrote:

Run-out wrote:

It doesn't run out. It reduces to 50% on Jan 1. And then to 25% middle of next year. In 2020 it goes to 0%.

That's what I said. It "runs out" at the end of 2019. If I had said "phases out" it would have been a little more accurate.

There are efforts underway in congress to extend the EV credit. As the law stands, it punishes forward-thinking companies like GM and Tesla for making EV's that people actually want to buy. Now those two American companies are at a competitive disadvantage with foreign car makers who are just now entering the American EV market.

For example, if you buy a Hyundai Kona EV in January of 2020 you will get a $7500 tax credit. If you buy an EV from Tesla or GM you get nothing.

GM has been supporting the fix for the tax credit. They have also been pushing for nationwide zero-emission rules similar to what California has. I'd be willing to bet that GM would reopen some of those plants in exchange for favorable legislation. That's probably what Tiny talked about with GM CEO Mary Barra yesterday.

Either way, GM is moving forward full steam with its EV platforms. That's where the worldwide demand is going.

Run-out wrote:

Fat hurts wrote:

That's what I said. It "runs out" at the end of 2019. If I had said "phases out" it would have been a little more accurate.

There are efforts underway in congress to extend the EV credit. As the law stands, it punishes forward-thinking companies like GM and Tesla for making EV's that people actually want to buy. Now those two American companies are at a competitive disadvantage with foreign car makers who are just now entering the American EV market.

For example, if you buy a Hyundai Kona EV in January of 2020 you will get a $7500 tax credit. If you buy an EV from Tesla or GM you get nothing.

GM has been supporting the fix for the tax credit. They have also been pushing for nationwide zero-emission rules similar to what California has. I'd be willing to bet that GM would reopen some of those plants in exchange for favorable legislation. That's probably what Tiny talked about with GM CEO Mary Barra yesterday.

Either way, GM is moving forward full steam with its EV platforms. That's where the worldwide demand is going.

One thing people should know about the Federal tax credit is that is a "non-refundable" credit. There are also Federal "refundable" tax credit (earned child credit and a few others). A "non-refundable" credit means that it is a straight deduction (not a rebate) from taxes owed that is limited to the amount of taxes owed—not taxes due to be paid, but the entire amount of taxes owed for the entire year. If you owed $5000 in taxes your $7500 tax credit is limited to $5000. Also, you do not get the credit until you file your taxes. You have to pay the money up front and then get it back as a credit months later. Buy an EV in January and wait more than a year.

In California, there is a $2500 rebate for EVs. It is a full rebate, not tied into taxes owed in any way, and it is paid a few months after you file for the rebate.

Tech Center Warren, MI wrote:

Fat hurts wrote:

That's what I said. It "runs out" at the end of 2019. If I had said "phases out" it would have been a little more accurate.

There are efforts underway in congress to extend the EV credit. As the law stands, it punishes forward-thinking companies like GM and Tesla for making EV's that people actually want to buy. Now those two American companies are at a competitive disadvantage with foreign car makers who are just now entering the American EV market.

For example, if you buy a Hyundai Kona EV in January of 2020 you will get a $7500 tax credit. If you buy an EV from Tesla or GM you get nothing.

GM has been supporting the fix for the tax credit. They have also been pushing for nationwide zero-emission rules similar to what California has. I'd be willing to bet that GM would reopen some of those plants in exchange for favorable legislation. That's probably what Tiny talked about with GM CEO Mary Barra yesterday.

Either way, GM is moving forward full steam with its EV platforms. That's where the worldwide demand is going.

I work for GM at the Warren Tech Center, 16 years now. I'm new here, I'm admitting that upfront, but you appear to be a liberal who believes his word to be gospel. What you say is NOT true about GM and the direction they are going. Trust me, I know;) Some of you appear to be so strong with your political beliefs that you'll say anything for the sake of appearing to be right. Unless you work at GM, I highly doubt you do, you're clueless on where things are going.

Jefe in the CO wrote:

From the Washington Post interview:

https://www.msn.com/en-us/news/politics/trump-slams-fed-chair-questions-climate-change-and-threatens-to-cancel-putin-meeting-in-wide-ranging-interview-with-the-post/ar-BBQaAmg?ocid=spartandhp

Trump also dismissed the federal government’s landmark report released last week finding that damages from global warming are intensifying around the country. The president said that “I don’t see” climate change as man-made and that he does not believe the scientific consensus.

“One of the problems that a lot of people like myself, we have very high levels of intelligence but we’re not necessarily such believers,” Trump said. “You look at our air and our water, and it’s right now at a record clean.”

The president added of climate change, “As to whether or not it’s man-made and whether or not the effects that you’re talking about are there, I don’t see it.”

How anyone can support this highly intelligent buffoon is beyond me.