Value Collector
Have courage, and be kind.
- Joined
- 13 January 2014
- Posts
- 12,237
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- 8,484
We also build Volvo Trucks in BrisbaneFor the record whilst cars are no longer made in Australia, we do still build buses here with factories in Qld, SA and Tas. (Might be others too but those are the ones I'm aware of).
So there's a local market for the batteries in that use assuming production of electric buses.
In reality that is due to the lack of interest ATM.The you tube video on Eric Lundgren 1000mile electric car. It's had only 20,000 views since 2017 ..
I think that is super short sighted of them, they should wait until electric vehicles are more entrenched.Here we go, vic introduces an electric car tax: https://7news.com.au/politics/vic-introduces-aust-first-electric-car-tax-c-2372169
Dan is getting in before there is a large number of people affected, this is a slip it under the radar snow job, clever move.I think that is super short sighted of them, they should wait until electric vehicles are more entrenched.
Everyone agrees that EV’s have multiple benefits to the population, eg increasing energy security, reducing air pollution etc etc. taxing them so early in the uptake when they should be getting supported is crazy.
I agree with you, they are using the guise of saying the BEV owners don't pay fuel excise, but that is a Federal tax anyway.I suspect it has far more to do with the tax revenue than it does anything else.
I mean I could be wrong, but hey, the most reliable government records...
I agree with you, they are using the guise of saying the BEV owners don't pay fuel excise, but that is a Federal tax anyway.
All they are doing is changing the fuel tax from a Federal to a State tax early, but the Feds will introduce another tax to replace the fuel tax anyway, so in reality the BEV tax is a whole new tax IMO.
As VC says, it is crazy to introduce a new tax on BEVs, when they are expensive anyway. The next thing Dan will be asking for will be taxpayer incentives to subsidies BEV's, which will deflect the issue to a Federal one, clever politics really.
Morals and principals have no place in politics, or the media IMO.
The thing that is really funny is, the vocal minority who keep bagging Scomo for not doing enough to encourage BEV takeup, are saying nothing, a bit of conflict of interest is confusing them IMO. They want the Libs out and Labor/Greens in, so they can't say anything negative about Labor, so Dan carries on in his merry way. ?
I agree with you Rumpy, all I'm pointing out is that ATM it is a very astute political move and as I said it is taking the fuel excise from the Feds to the State, which it should be anyway as the States maintain the roads.I'm not sure I agree. I think it's fairer to get in early and let ev buyers know that they are going to have to contribute instead of getting people hooked on ev's and then bringing in a "gotcha" tax.
EV's are the way of the future and fuel excise has to be replaced somehow.
They could easily just say the tax will begin in 2025 or 2030.I'm not sure I agree. I think it's fairer to get in early and let ev buyers know that they are going to have to contribute instead of getting people hooked on ev's and then bringing in a "gotcha" tax.
EV's are the way of the future and fuel excise has to be replaced somehow.
Then they would be arguing with the 'green' media for 5-10 years, and that same media would be getting more and more backing, from a slow to wake up general public.They could easily just say the tax will begin in 2025 or 2030.
I'll go a step further and question why roads need to be user pays in the first place?
The vast majority of things done by government are not directly user pays, they're just funded by general taxation revenue, so I'm not seeing the reason why roads need to be user pays? In any event, even if they are, well apart from highways the rest are mostly the responsibility of local government not state or federal anyway.
In some states at least public transport runs at a massive loss, fares to use it are basically just a token contribution to stop people riding around all day for the sake of it, so there's no real argument that drivers would be unfairly advantaged over PT users if roads weren't user pays.
I've always thought John Hewson had the right idea - 15% GST on everything, scrap other taxes like fuel excise, and adjust income tax rates and welfare to avoid whacking the poor over the head. Putting aside politics, it was and remains a reasonable idea in my view - at least partly because the simplicity reduces both administrative costs and the potential to rort it.
It also automatically brings in more revenue with economic growth and inflation, thus removing the constant politics which surrounds taxation and by default shifting the focus to other matters.
The arguement about EV’s not paying for roads is just a way to create a scapegoat, it’s easier to bring in a tax if you get the majority to believe it’s some other guilty/evil group paying it.In fact only 22 cents in the dollar of fuel excise revenue is spent on roads so motorists are funding much more than what they actually use.
But you are right, user pays is just a furphy. I pay for health insurance that I rarely use, single people pay for a education system for other people's kids etc.
All government revenue goes into one big bucket , required by the Constitution and gets spent wherever its needed.
The arguement about EV’s not paying for roads is just a way to create a scapegoat, it’s easier to bring in a tax if you get the majority to believe it’s some other guilty/evil group paying it.
But in reality, just as my life is better When other peoples kids get educated so I don’t mind taxes funding education, so people shouldn’t feel upset if in some tiny way they are contributing to increasing uptake of EV’s and helping clean city air.
These things work in cycles, if you let the pendulum swing to far to the right, it will just swing further in the equal but opposite direction on the back swing.Seems I stirred the pot with this one!
For an investing forum, seems members are quite left wing on this.
I'll be the token libertarian and say that I think almost everything should be user pays and also pays for the consequences of not paying if they happen to find themselves in a pinch needing a service they opted out of.
I'm seriously considering moving to being very nearly off-grid sometime in the future.
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