If I were an EV manufacturer and found out the government is handing out $7500 gift cards, I would raise the price of an EV by...you guessed it...$7500! It's like when pizza places give out coupons, but raise the prices, so it doesn't really do anything other than catch people's attention.
Fuck that. Remove all taxes, introduce a poll tax. Everyone pays to vote and the winners decide how that money gets distributed. Don't want to contribute? Don't vote. No coercion, no problem.
They forgot the super-cheap but largely impractical entry-level Chinese EVs that rich people get practically free after the subsidy and only use as toys, condo cruisers, etc.
We threw out these in Ontario Canada because the tax credit on EV only could be put onto the high-end ev cars. Hell there was one story of people with the 918 Porsche million dollar hyper car and the mclaren p1 million dollar hyper car actually getting the tax credits. We threw them away asap. They also incentives companies to keep prices high cause they know the government will make the cars cheaper.
Do you understand how tax credits work? A tax credit means less of that persons money is taken by the government. It doesn't mean that money is taken from another tax payer to give to that person.
@@username65585 Exactly, Username. You're the only other person who understands what tax credit is. All these doofuses think it's a subsidy. It is not! Thanks for trying to set these knuckleheads straight.
@@username65585 as a gen z, it's unfair for older generations to leave all their debt to me. We need austerity. If gen x wants to live like the Swedes, they should pay ridiculous taxes like them, and not expect me to pay for it.
Taxation is theft, so tax credits should be considered a good thing for liberty. It's those upper middle class people who aren't paying more, but that doesn't mean that Tom is paying for the credit. It's just the federal government getting less of the wealthier person's income at tax time.
@@garrettlees No! Exactly wrong. A tax credit is like getting an envelope full of cash (except that there is a record of the payment). If you owe $7500 in tax and have paid no estimated tax payments, you will need to send the IRS $7500 . If you bought an electric car and qualified for the $7500 tax credit, the credit would count the same as if you had paid $7500 in estimated tax. Your $7500 tax bill would be paid. That $7500 comes at the expense of all the suckers who paid their own tax bills. It is a subsidy. However; the EV Tax credit is good for only as much as tax you owe.
The prices listed on screen were really far off. M3 is like 40k, model x only gets tax credit if it’s under 80k. Sedans have to be under 60k I think (may be 55k). The maximum price a car can be and still have this tax credit is 80k flat out.
LMFAO!! This is hilarious and gets the msg across affectively. And this is why that tax incentive has been officially CANCELLED in the US by Trump, and up here in the province of Ontario (our tax incentive prgm is provincial, not fed), our glorious new Conservative Premier, Doug Ford, has axed the prgm. Ontario was subsidizing $14,000!!!! Thing is, avg FAMILY income in Ontario is ONLY $74,000/yr, which is a mesely $37,000/yr per person working. When u consider our min wage is $14/hr, or $29,000/yr, that's nothing. Then consider the avg cost of a Tesla at around $60,000 for the cheapest one. I bought a van for $33,000 and mthly pmts were $600, and that was a lease NOT purchase. So $60K would be $1200/mth!! The ONLY ppl buying these vehicles are RICH/WEALTHY folk! Most ppl pay that amt (or bit higher) for rent for the place they LIVE, not for what they use to get from point A to point B. Even WITH the $14K rebate, at $60K that only drops it $46K, which is still unaffordable. My hubby had an aquaintance friend who bought one bc the other car he wanted was the same price, but no rebate, and being a rich/wealthy douche, he'd rather have the avg pleb who can barely put food on the table for his family, to foot HIS bill. And he even said it had NOTHING to do w/ NOT being able to afford it otherwise, it's that the gov was incentivizing him to buy to the "hottest new toy". We no lngr talk to this douche. Oh, I forgot to mention, this guy's parents are BOTH surgeons! His father is a top-notch brain surgeon!! THAT IS WHO we, the hard-working folk, are subsidizing these ultra-expensive cars for.
These tax credits for EV are the only time I disagreed with Remy. Yes, Tesla makes cars for upper middle class and above, but giving those people a tax break is not the point. The point is to inspire the car industry to embrace EV tech since tax credits help them sell their cars by undercutting competition. For instance, Chevy bolt and volt became competitive only with the tax breaks in place. Nissan leaf became insanely popular once it became more affordable, long term, than any other small car in the segment. So yes, the tesla buyers did not need the tax break, but reasonably priced vehicles for average joes were bought much more enthusiastically by frugal shoppers that did their math. Weather we like it or not, combustion engines have to follow the steam engines and make an appearance strictly in physics/engineering textbooks and museums. Oh and before someone tries to lecture me on how poorly the green industry is doing at the moment: I am well aware. Just keep in mind that until tech catches up, much of green sector will seem uncompetitive. This is the price of admission for all new adoptions.
If he can't afford a car, he probably isn't paying any tax anyway. It's the people like me that make a middle class income yet can't afford anything newer than a 17 year old car that gets screwed
Okay... this might not be too libertarian of me, but wouldn't be a bit better for Congress to approve percentages to the various departments and let the cabinet members (department heads) work up an actual budget with that. It seems the people running the departments would know better how to divvy up the money. And because Congress is still controlling how much each department gets, it's still in voter's hands (sorta). Then we only need to link it to actual tax revenues and we have a functioning government (haha) with actual budgets. Think that would work? Or am I missing something?
Sounds pretty reasonable to me. There would still be shadiness and corruption no doubt but it seems like it would be toned down quite a bit since it wouldn't be crammed into a bill at the last second.
A credit of not paying taxes that he shouldn't have to pay in the first place. With a progressive tax John has paid for way more stuff for other people.
I am addicted to Remy too! About this video's message...like appeals from the left and from the Bible prophets, it appeals to a sense of unfairness, which is fair...but this can also lead me to anger that clouds my judgement about what really helps Tom in Ohio...so there is another side to this. Can we see that giving the rich kids incentives to spend their money actually helps good old Tom in Ohio, too? I should be able to see that, even if I think it's on balance a bad idea. If I can't see the benefits to Tom here, then how will I be able to accept and promote an even "riskier" and even more rewarding free trade situation without these subsidies and tarriffs?
May have different solutions but something I feel both the true right and true left agree on.. handout the rich and powerful do not need them for sure!!! For middle class and poor people... even if you disagree with it must admit they an argument for it... for the rich make an argument for it!... you can't because they is not one
Hey I just want to thank you all for the tax credit I'm going to get for my new Tesla. In the tax credit's defense, it is incalculably dwarfed by government spending on the oil industry. Merry Christmas!
I love almost every one of these videos but this one is a little lopsided about tom - Tom is paying for this person to get a tesla - absolutely unfair. It is just as unfair for the rich person to send Tom's kids to school, pay for Tom's kids after school activities, Tom's welfare check, Tom's kids uncollected college loan etc. EVERYONE should pay the exact same dollar amount. If everyone paid the exact same amount and could only BENEFIT the same amount - e.g. Tom sends 1 kid to school and can't use roads or the police or Rich person uses the roads and the police but doesn't get the tesla or a free education for his kids - you can be sure every citizen would suddenly care about how their government spends money and perhaps stop breeding because it is a right. OH I have so much unconditional love to give - OK - you can adopt - no, I want me own kids - wouldn't that make your love conditional? Well what about the people who can't afford to pay that amount in taxes - NO problem at all - public works program - build damns, build forest trenches to prevent forest fire spreading, fill sand bags for flood zones, pick up litter, clean up crap in the road from the homeless - that will motivate the hell out of a person to work harder at private sector jobs. I got promoted to assistant manager at 3 part time jobs I had before I even got my degree - it doesn't require a higher education to move up, just effort.
![SahBabii - Viking [Official Music Video]](http://i.ytimg.com/vi/D37cL92JX0I/mqdefault.jpg)
Man, who doesn't click on a Remy video as soon as it appears?
John, Connor, Ken, Bobby, Ben, Victor, Von, Lenny and Lon dont't.
@@gcgrabodan you forgot Neil
Those who just discovered one!😋
These parodies are just beautiful
"Neil Todonors (D-NY)"
Magnificent.
If I were an EV manufacturer and found out the government is handing out $7500 gift cards, I would raise the price of an EV by...you guessed it...$7500! It's like when pizza places give out coupons, but raise the prices, so it doesn't really do anything other than catch people's attention.
Then you would lose money, since you would be selling less than an optimal quantity.
You should instead increase pricing by less than 7500, and also increase quantity.
That's exactly why college tuition is so high
reason tv just keeps giving me more reasons to hate taxes
@@pedropradacarciofi2517 we all begin life uneducated... And overtaxed
@@shineperishingrepublic ahahahahahahahhahaha good one.
Thank you dear Remy,
you always make me smile - although you satirize bitter truths,
I wish you a Merry holiday season and a Happy New Year!
A new Remy song?! It’s a Christmas miracle!
Stossel Remy 2020
Every time Remy sings an angel gets his wings.
Reason has invested in gold...Remy's consistent flow of lyrical gold!
Time to flatten the IRS, (and all these crazy tax credits) with a Flat Tax.
Brilliant! your idea is to replace theft with robbery? Kewl!
@@libertariantranslator1929 Who is a 0% tax rate robbing?
He meant a flat tax of 0%
Fuck that. Remove all taxes, introduce a poll tax. Everyone pays to vote and the winners decide how that money gets distributed. Don't want to contribute? Don't vote.
No coercion, no problem.
Land value tax
They forgot the super-cheap but largely impractical entry-level Chinese EVs that rich people get practically free after the subsidy and only use as toys, condo cruisers, etc.
Remy is treasure.
🤣🤣🤣Love it Remy!!! Keep them coming!!
0:16 Wait... 😳😮
0:28 “That’s like a hundred thousand dollar car”
1:10 “How’d you get in my house 🏠 ?!”
Fun little video. Nicely done 👍🏻
Remy those same people buying the EVS are paying 40 to 50 dollars to have a vegetarian dinner delivered to their house and drink prebiotic soda
"Guy who is surprised to find he is funding government largesse" is Remy's best character.
I love these videos. They are what got me started watching ReasonTV.
I love you my brother Remy. I hope you and your family have a beautiful Christmas.
"Neil Todonors" LOL!
Remy is one of the only things I enjoy about Reason TV
Brilliant.
But it’s not “taxpayer money” it’s “government money” 😉
To be more accurate it's probably 50% taxpayer money, 30% borrowed, and 20% inflation.
@@AKlover but inflation is free and has zero consequences.
@Trevor Brown he was joking.
@Indirect LC good one
I believe you can love Tesla and agree with this video.
Everything about Tesla is kind of obnoxious though.
🤣🤣🤣 Government is here to HELLp!! 🤦♂️🤦♂️🤷♂️🙏
We threw out these in Ontario Canada because the tax credit on EV only could be put onto the high-end ev cars.
Hell there was one story of people with the 918 Porsche million dollar hyper car and the mclaren p1 million dollar hyper car actually getting the tax credits.
We threw them away asap.
They also incentives companies to keep prices high cause they know the government will make the cars cheaper.
These parodies are seriously hilarious. I'm watching every single one.
Why should my tax dollars go toward a rich man's electric toy?
Do you understand how tax credits work? A tax credit means less of that persons money is taken by the government. It doesn't mean that money is taken from another tax payer to give to that person.
@@ZboeC5 More theft isn't the answer either.
@@username65585 Exactly, Username. You're the only other person who understands what tax credit is. All these doofuses think it's a subsidy. It is not! Thanks for trying to set these knuckleheads straight.
@@username65585 as a gen z, it's unfair for older generations to leave all their debt to me. We need austerity. If gen x wants to live like the Swedes, they should pay ridiculous taxes like them, and not expect me to pay for it.
@@owlblocksdavid4955 You're not wrong, but your generation is even worse than the previous. Bernie Sanders? Really? Obama was bad enough, sheesh.
Word.
Excellent.
Facts
I was scared he left and went off on his own-glad to see he's still here!
Senator Neil Todonors 😂
Surprisingly accurate.
you make the best videos my guy. 10/10
It’s beginning to look like college debts
Genius!
more Remy please
Soylent Remy!
Never ever let Remy go to another Channel
Remy is the greatest musician of this generation
Dude is frickin genius.
Neil Todonors might be the best fake congressman name yet...
love it!
Perfection.
Everyone's drinking soylent. It's so great.
*Steeples fingers*
*deep breath in*
Soiiiiiiiiii....
Me driving a plug-in hybrid drinking soilent: "this song is quite nice"
0:08 - Not sure why a photo from a Tesla dealer in Sydney, Australia is being used.
Taxation is theft, so tax credits should be considered a good thing for liberty. It's those upper middle class people who aren't paying more, but that doesn't mean that Tom is paying for the credit. It's just the federal government getting less of the wealthier person's income at tax time.
Exactly right
@@garrettlees No! Exactly wrong. A tax credit is like getting an envelope full of cash (except that there is a record of the payment). If you owe $7500 in tax and have paid no estimated tax payments, you will need to send the IRS $7500 . If you bought an electric car and qualified for the $7500 tax credit, the credit would count the same as if you had paid $7500 in estimated tax. Your $7500 tax bill would be paid. That $7500 comes at the expense of all the suckers who paid their own tax bills. It is a subsidy. However; the EV Tax credit is good for only as much as tax you owe.
@@wrdjunk Not so. You're simply mistaken.
Incorrect. That tax revenue is being made up elsewhere.
@@zerichonz6541 You can't blame the tax payer for government's unbalanced budget. My money is my own.
The prices listed on screen were really far off. M3 is like 40k, model x only gets tax credit if it’s under 80k. Sedans have to be under 60k I think (may be 55k). The maximum price a car can be and still have this tax credit is 80k flat out.
Now I have to rewatch the Remy's "All I want for Christmas" from a few years ago!
LMFAO!! This is hilarious and gets the msg across affectively. And this is why that tax incentive has been officially CANCELLED in the US by Trump, and up here in the province of Ontario (our tax incentive prgm is provincial, not fed), our glorious new Conservative Premier, Doug Ford, has axed the prgm.
Ontario was subsidizing $14,000!!!! Thing is, avg FAMILY income in Ontario is ONLY $74,000/yr, which is a mesely $37,000/yr per person working. When u consider our min wage is $14/hr, or $29,000/yr, that's nothing. Then consider the avg cost of a Tesla at around $60,000 for the cheapest one. I bought a van for $33,000 and mthly pmts were $600, and that was a lease NOT purchase. So $60K would be $1200/mth!! The ONLY ppl buying these vehicles are RICH/WEALTHY folk! Most ppl pay that amt (or bit higher) for rent for the place they LIVE, not for what they use to get from point A to point B. Even WITH the $14K rebate, at $60K that only drops it $46K, which is still unaffordable.
My hubby had an aquaintance friend who bought one bc the other car he wanted was the same price, but no rebate, and being a rich/wealthy douche, he'd rather have the avg pleb who can barely put food on the table for his family, to foot HIS bill. And he even said it had NOTHING to do w/ NOT being able to afford it otherwise, it's that the gov was incentivizing him to buy to the "hottest new toy". We no lngr talk to this douche.
Oh, I forgot to mention, this guy's parents are BOTH surgeons! His father is a top-notch brain surgeon!! THAT IS WHO we, the hard-working folk, are subsidizing these ultra-expensive cars for.
Great.
These tax credits for EV are the only time I disagreed with Remy. Yes, Tesla makes cars for upper middle class and above, but giving those people a tax break is not the point. The point is to inspire the car industry to embrace EV tech since tax credits help them sell their cars by undercutting competition. For instance, Chevy bolt and volt became competitive only with the tax breaks in place. Nissan leaf became insanely popular once it became more affordable, long term, than any other small car in the segment. So yes, the tesla buyers did not need the tax break, but reasonably priced vehicles for average joes were bought much more enthusiastically by frugal shoppers that did their math. Weather we like it or not, combustion engines have to follow the steam engines and make an appearance strictly in physics/engineering textbooks and museums. Oh and before someone tries to lecture me on how poorly the green industry is doing at the moment: I am well aware. Just keep in mind that until tech catches up, much of green sector will seem uncompetitive. This is the price of admission for all new adoptions.
I'm a huge believer in the future of EV's, but subsidizing them with taxpayers money just aint right.
yup
Dead on!!
Remy Christmas edition is even better than Festivus!
This is the greatest thing in the internet
If he can't afford a car, he probably isn't paying any tax anyway. It's the people like me that make a middle class income yet can't afford anything newer than a 17 year old car that gets screwed
2 years out still waiting on it being renewed.....
"Tommy pinches pennies, never flushing number one" BWHAHAHAHA, oh man it's funny cause it's TRUE!
But what does Tom do for a living? His lifestyle choices are not the fault of others.
@@starventure yes they are. You're oppressing him
Zerichon Z Oh noes! Please don’t sic the SJWS on me!
Okay... this might not be too libertarian of me, but wouldn't be a bit better for Congress to approve percentages to the various departments and let the cabinet members (department heads) work up an actual budget with that. It seems the people running the departments would know better how to divvy up the money. And because Congress is still controlling how much each department gets, it's still in voter's hands (sorta).
Then we only need to link it to actual tax revenues and we have a functioning government (haha) with actual budgets.
Think that would work? Or am I missing something?
Sounds pretty reasonable to me. There would still be shadiness and corruption no doubt but it seems like it would be toned down quite a bit since it wouldn't be crammed into a bill at the last second.
It’s beginning to look a lot like yellow vests... everywhere we go...
I have that Patagonia. That hurts.
Could someone explain the taxation system described here for a non-American?
Taxes are a fine for living in a country.
A credit of not paying taxes that he shouldn't have to pay in the first place. With a progressive tax John has paid for way more stuff for other people.
Neil Todonors seems like a really likable politician!
"Everything's renewed again". Inflation Reduction Act. Prophetic.
I HATE Corporate Cronyism!
Drinking Soylent wearing AirPods in Tesla factory store. I'm so proud to subsidize this lifestyle!
I’m for an EV tax break by not taxing everyone.
Don't you just love corporatism?
This guy is so underrated
Not sure if I should laugh or cry
I like my eggs over easy, cook um well don't make me queezy
Land of sheep and evil - we need to fight and keep up the fight against the darkness that runs the show
We don't have royalty, but we have this.
tbf the tax credit has a max of $55K for sedan and $80K for suv
I am addicted to Remy too! About this video's message...like appeals from the left and from the Bible prophets, it appeals to a sense of unfairness, which is fair...but this can also lead me to anger that clouds my judgement about what really helps Tom in Ohio...so there is another side to this. Can we see that giving the rich kids incentives to spend their money actually helps good old Tom in Ohio, too? I should be able to see that, even if I think it's on balance a bad idea. If I can't see the benefits to Tom here, then how will I be able to accept and promote an even "riskier" and even more rewarding free trade situation without these subsidies and tarriffs?
Finally! I am glad someone is calling BS to these EV tax credits. This is welfare for the rich.
Nonsense. You don't know what you're talking about
Love the vid, but if you would have put the real prices of those vehicles up that would have been better.
How did they find 17 different people that look the same?
Tom isn't the only one eating sausages
May have different solutions but something I feel both the true right and true left agree on.. handout the rich and powerful do not need them for sure!!!
For middle class and poor people... even if you disagree with it must admit they an argument for it... for the rich make an argument for it!... you can't because they is not one
Hey I just want to thank you all for the tax credit I'm going to get for my new Tesla. In the tax credit's defense, it is incalculably dwarfed by government spending on the oil industry. Merry Christmas!
can some one explain the tax and gift laws that allow this?
Hilarious! But also depressing...
Please, Wizards, can Remy get some helpy delpy help? The taxman is robbing him!
Classic, but… the upper middle class pays the highest % of income to taxes, so they’re really paying for their own tax credit.
The way governments work sometimes makes you think you're the only sane person left on earth
Great video! And fortunately, with Trump in the White House, it's very doubtful that those $7500 tax credits would be renewed.
🤣🤣🤣🤣
Remy 2020!!!! 😎
I love almost every one of these videos but this one is a little lopsided about tom - Tom is paying for this person to get a tesla - absolutely unfair. It is just as unfair for the rich person to send Tom's kids to school, pay for Tom's kids after school activities, Tom's welfare check, Tom's kids uncollected college loan etc. EVERYONE should pay the exact same dollar amount. If everyone paid the exact same amount and could only BENEFIT the same amount - e.g. Tom sends 1 kid to school and can't use roads or the police or Rich person uses the roads and the police but doesn't get the tesla or a free education for his kids - you can be sure every citizen would suddenly care about how their government spends money and perhaps stop breeding because it is a right. OH I have so much unconditional love to give - OK - you can adopt - no, I want me own kids - wouldn't that make your love conditional? Well what about the people who can't afford to pay that amount in taxes - NO problem at all - public works program - build damns, build forest trenches to prevent forest fire spreading, fill sand bags for flood zones, pick up litter, clean up crap in the road from the homeless - that will motivate the hell out of a person to work harder at private sector jobs. I got promoted to assistant manager at 3 part time jobs I had before I even got my degree - it doesn't require a higher education to move up, just effort.
Spending cuts > tax cuts.
And Regulation cuts > spending cuts > tax cuts
Wroooooong
Zerichon Z - no u
Did they really reapprove it?? I thought it was killed as of Sep 2018!
This aged well. It was renewed again. Doubled down on even.
Those actually weren't renewed though were they?
Sen. Neil Todonors
Lol
Hopefully you don't get one of the Tesla's that spontaneously combust .