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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (392088)6/20/2008 1:11:54 PM
From: Tenchusatsu  Read Replies (1) of 1578905
 
JF, I don't have many problems with your plan of tax credits for hybrids paid for by taxes on SUVs. It does have unintended consequences, but I think we can live with them.

My problem, however, is that when it comes to technology, government is far from forward-looking. Sure, hybrid technology is a proven winner so hardly anyone is going to argue against tax breaks for hybrids. But what about electric cars and the fail zero-emission vehicle standards? Would it make sense to give tax breaks for electric vehicles paid for by tax hikes on all other cars? No one likes 100% electric cars, at least not the kind we see today that only get 60 miles a charge. Does it make sense to use tax dollars to fund loser technologies? Or is the public just not looking far enough into an oil-free future?

Better to just spend the tax money funding R&D for better technologies, then let the free market determine which ones should win. At least the government can bear the risk of R&D funding.

Tenchusatsu
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