⚡Unsold electric cars are piling up on dealer lots⚡

Discussion in 'Current Events' started by trumptman, Jul 10, 2023.

  1. Jack Hays

    Jack Hays Well-Known Member Donor

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    No, they do not.
    Summary of the Latest Federal Income Tax Data
    upload_2023-7-17_12-3-37.png
    Tax Foundation
    https://taxfoundation.org › publications › latest-federal...


    High-Income Taxpayers Paid the Majority of Federal Income Taxes. In 2020, the bottom half of taxpayers earned 10.2 percent of total AGI and paid 2.3 percent of ...
     
  2. Jack Hays

    Jack Hays Well-Known Member Donor

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  3. FreshAir

    FreshAir Well-Known Member Past Donor

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    yes they do, way less

    just cause one spends more at the store doesn't mean they pay more taxes per dollar, they just bought more stuff cause they spent more dollars

    same with income, you earn more, you are supposed to pay the same tax on more dollars

    the rich pay less tax per dollar they earn then the middle class does
     
    Last edited: Jul 17, 2023
  4. Jack Hays

    Jack Hays Well-Known Member Donor

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    The data do not support your claim.
    Higher earners pay higher rates. I suggest you review the data before you reply.
     
  5. FreshAir

    FreshAir Well-Known Member Past Donor

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    actually it does, heck, just look at Trump's tax returns, and Romney's tax returns, the list goes on
     
  6. Jack Hays

    Jack Hays Well-Known Member Donor

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    Statistically insignificant.
    In 2020 the top 1% paid 26%.
    The top 25% paid 17.1%.
    The top 50% paid 14.8%.
    All taxpayers averaged 13.6%.
     
    Last edited: Jul 17, 2023
  7. FreshAir

    FreshAir Well-Known Member Past Donor

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    you are only counting labored income.... labored income is taxed more, most of the rich do not make most of their income from labored income
     
    Last edited: Jul 17, 2023
  8. Jack Hays

    Jack Hays Well-Known Member Donor

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    Your assumption is false.
     
  9. FreshAir

    FreshAir Well-Known Member Past Donor

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    then you are just wrong, as the rich pay less per dollar in taxes then the middle class
     
    Last edited: Jul 17, 2023
  10. Jack Hays

    Jack Hays Well-Known Member Donor

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    Nope. You have no data to support that claim.
    • In 2020, taxpayers filed 157.5 million tax returns, reported earning nearly $12.5 trillion in adjusted gross income (AGI), and paid $1.7 trillion in individual income taxes.
    • The average income tax rate in 2020 was 13.6 percent. The top 1 percent of taxpayers paid a 25.99 percent average rate, more than eight times higher than the 3.1 percent average rate paid by the bottom half of taxpayers.
    • The top 1 percent’s income share rose from 20.1 percent in 2019 to 22.2 percent in 2020 and its share of federal income taxes paid rose from 38.8 percent to 42.3 percent.
    • The top 50 percent of all taxpayers paid 97.7 percent of all federal individual income taxes, while the bottom 50 percent paid the remaining 2.3 percent.
    • The 2020 figures include pandemic-related tax items such as the non-refundable part of the first two rounds of Recovery Rebates and the $10,200 unemployment compensation exclusion.
     
    Last edited: Jul 17, 2023
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  11. Bluesguy

    Bluesguy Well-Known Member Donor

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    Facts not in evidence but tell Biden and the Dems to reverse the oil and gas policy and then we can have abundant oil and able to mitigate those world old prices. See my sig.

    ROFLMAO.....................THAT'S the great benefit?????? I have NO problem filling up my car and prices were MUCH lower under the previous administration with plenty of supply.

    And government handing out money to people to buy expensive EV's fights inflation how exactly?
     
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  12. Bluesguy

    Bluesguy Well-Known Member Donor

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    No they do not, they pay double the effective tax rate as you have been shown over and over.
     
  13. Bluesguy

    Bluesguy Well-Known Member Donor

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    Do you mean at any speed? They are using transmissions to keep the torque at the motor more in a sweet spot because the simple laws of physics the highest torque is that first rpm and it goes down the faster the motor turns. Of course transmissions with more gears is more moving parts and more maintenance and repair.
     
  14. Bluesguy

    Bluesguy Well-Known Member Donor

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    OK where do I get my subsidy for the gas I buy, I've never gotten a credit on my taxes for it. What direct unique subsidy to the oil and gas industry are you talking about and be specific.


    We don't for gas and oil we have plenty here so stop with the strained stretches which don't even come close to a subsidy for oil and gas.

    SUBSIDY..................you claimed the ICE cars and oil and gas are directly subsidized by the government just like EV's. Try again without wandering off into to canards.
     
  15. FreshAir

    FreshAir Well-Known Member Past Donor

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    you keep going on about they pay more total taxes, they earn more dollars, so they pay taxes on more dollars, that is true

    but the making more dollars is the reward, they should not pay less tax per dollar then the middle class
     
  16. Noone

    Noone Well-Known Member

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    When was the last time you couldn’t get to 60mph fast enough? Even little 4 bangers can merge into highway traffic safely.

    Most people don’t require or want 60 in 2.x performance.
     
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  17. mdrobster

    mdrobster Well-Known Member

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    Even little 4 bangers can merge into highway traffic safely.
    No way can a little 100hp bread box of a car going to ramp into traffic smoothly. I do know something about this issue, go read my profile.
     
  18. WillReadmore

    WillReadmore Well-Known Member

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    Gasoline and diesel subsidies come in the form of benefits to corporations who are in the oil business - taxes, the cost of oil, which is a US property, etc.

    Obviously, these benefits don't go to the guy filling his car at the pump - though there are tax benefits for businesses that require oil based products for vehicles and processes.

    For one example, every new individual oil well is considered by tax law to be a startup business, thus getting the tax benefits that new businesses receive.
     
  19. Polydectes

    Polydectes Well-Known Member

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    There's a few cosmetic differences on the body. Headlights tail lights. Also the Dodge was an offered in convertible so you have a convertible then no.

    Is there a two engine configurations that came in either one of these models the Dodge is just a 3000GT with the few body modifications slapped on it and I think the single overhead cam was more popular in that model.
     
  20. Polydectes

    Polydectes Well-Known Member

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    It says in your profile that your software engineer.

    I worked as a mechanic for 20 years. Still do from time to time. The cars I know of with under 100 HP Fiat 500, possibly the Volkswagen diesel models. And they do fine.

    That's okay to like a car that accelerates fast and performs well there's nothing wrong with that but not everybody does.

    The truck I chose isn't because it's fast or it accelerates it's really rather slow. Well I chose it because it's dependable. I don't like thinking with cars.
     
  21. WillReadmore

    WillReadmore Well-Known Member

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    A LOT of people like pick ups.

    In Q1 2023 the F-150 was the top seller, again!

    Second was the Tesla model Y.
     
  22. Bearack

    Bearack Well-Known Member

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    Some people are going to appreciate it more than others.

    [​IMG]
     
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  23. WillReadmore

    WillReadmore Well-Known Member

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    You make NO mention of what these children are doing.

    And, I'd point out that cobalt was the primary problematic battery component - a component that batter technology has moved away from.

    In other words, I strongly suspect you are making a FALSE CLAIM.
     
  24. UntilNextTime

    UntilNextTime Well-Known Member

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    It appears the only ones benefitting from the EV industries are the slave labour force. They get used and abused and get paid $1 p/m for their efforts. Yet those who sell the end product, sniff sniff:blownose:
     
  25. WillReadmore

    WillReadmore Well-Known Member

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    If you want to make claims like that, you need to bring some evidence.

    And, include the cite.
     

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