Heller's bill is a horrible idea. Fredric Bastiat called it "legalized plunder." In contrast, Barrasso's "Fairness for Every Driver Act" is a great idea whose time has come. It is time to drain the swamp and end payouts for companies with high priced lobbyists. Barrasso deserves our praise!
Frontiers of Freedom President, George Landrith made the following statement on Senator Heller’s expansion of massive subsidies for electric vehicles and Senator Barrasso’s Fairness for Every Driver Act which would end those subsidies:
Senator Heller’s Expansion of Massive Subsidies
Senator Dean Heller (R-Nevada) introduced a bill to lift the cap on the number of electric vehicles eligible for a large $7,500 tax credit given to those who buy electric cars.
The big winners here are Elon Musk, Tesla and GM. Elon Musk is the fellow who recently was smacked down by the feds for violating the law and fined millions of dollars. I am not all sure why Elon deserves this big bonanza!
The big losers are average, everyday Americans who work hard and play by the rules and don’t have high priced lobbyists scamming the system for them. So if you’re working hard to make ends meet, or saving for your children’s future or simply wish you had a little more money at the end of the month, you should be outraged that Members of Congress on both sides of the aisle think you should be forced to help rich guys buy fancy, expensive electric sports cars.
Heller’s bill also proposes to eventually phase out the tax credit, but let’s be honest, that will be postponed and postponed so that it never actually happens. All that will remain is the greatly expanded tax credit that benefits a couple big corporations and burdens millions of taxpayers.
Heller is in a tight reelection bid and perhaps this is why. Putting the interests of big corporations ahead of the taxpayer isn’t a good longterm electoral strategy. As a purported conservative, he ought to know better. But sadly, with a Tesla plant in Nevada, he’s given in to the lobbying pressure.
The electric vehicle tax credit is a bad deal for a very simple reason. When someone buys a $70,000 to $140,000 Tesla, there is no good reason to ask lower income workers to help pay for it. If you want a fancy electric car, please feel free to buy one! But please don’t ask the rest of us to help you pay for it!
I’ve never asked anyone to help me buy a car. If I can’t afford the car I really want, I buy one I can afford. So I am not sure why it makes any sense to force millions of Americans to help relatively rich people buy expensive electric sports cars like Tesla makes. Even if the car were less expensive, why should the rest of America be forced to help them buy it using a corrupt federal tax code to effectively rob the rest of us?
I am not against electric cars. I am not against expensive electric cars. I believe if you want one and can afford one, you have every right to buy one. But what you don’t have the right to do is to get your congressman or senator to reach into my pocket and take my money to help you buy it. Yet that is exactly what Congress is promoting when it imposes the electric car tax credit on us. Shame on Congress!
Congress is engaging in what famed economist Frederic Bastiat called “legal plunder.” Simply stated, it is illegal to beat someone up and steal their money so that you can afford to buy a new car. Bastiat pointed out that rather than risk jail time, people lobby their representative to steal for you and help you buy the new car. He famously said, “Government is the great fiction, through which everybody endeavors to live at the expense of everybody else.”This sort of abuse is exactly the sort of things that our Constitution was supposed to prevent. But sadly, too many on Capitol Hill, are all to happy to engage in this form of plunder if it will get them good press coverage or win them votes. But it is theft and it wrong.
In fairness, Senator Heller’s opponent Jacky Rosen (D-Nevada) will be a far worse practitioner of legal plunder than he is. If you look at her stands on the issues, it is clear that she is a big fan of what Bastiat called “legal plunder” and is committed to plundering the taxpayer every day of the week and twice on weekends.
Americans everywhere should rise up and oppose any effort to expand the electric vehicle tax credit. There is no good reason to expand it or even allow it to continue. It should be terminated immediately. The next best option would be to phase it out very quickly. But substantially expanding it while pretending to phase it out, as the Heller bill does, is doubly bad — because on top of being bad policy it is profoundly disingenuous.
Senator John Barrasso’s Fairness for Every Driver Act
This is why I am excited about the work that Senator John Barrasso (R-Wyoming) is doing with his proposed Fairness for Every Driver Act. He has proposed ending subsidies for electric vehicles. This is a big win for working-class Americans. And it shows that Senator Barrasso is a principled, public servant who committed to our constitutional heritage of limited government. It From 2011 to 2017 alone, hard working taxpayers have been forced to pay almost $5 Billion to big corporations who make electric cars. Senator Barrasso is trying to end this corrupt practice. Kudos to him!
After the election, it is expected that there will be a lame duck session. We call upon Members of Congress to support the Fairness for Every Driver Act. And we call upon Members of Congress to oppose Heller’s back door attempt to pad the pockets of Tesla and GM.
We will be watching how Congress votes and we will make sure that good votes are rewarded and that bad votes are publicized.