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 4/10 Good --- www.thetruthaboutcars.com http://www.thetruthaboutcars.com/wp-rss.php
| The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. ... |
Sunday, July 06, 2008 --- 54 days ago http://www.thetruthaboutcars.com/tesla-death-watch-10-ca-small-biz-owner-pissed-
 Who knew we'd break Tesla Death Watch double digits in the space of a few minutes? Still, ours is not to question why. Oh wait; it is. So why did California give Tesla Motors a tax break for production of their "Model S" lithium-ion-powered (or part lithium-ion powered) Model S sedan? The churlish amongst you might suggest it has something to do with Tesla customer and California governor Arnold Schwarzenegger's place on the Roadster's waiting list. Small business owners in The Golden State have another perspective. KCBS reports that "Dr. T.J. Rogers, CEO of Cypress and chairman of Sunpower , moved his wafer manufacturing from California to Texas and Minnesota to reduce costs. He said he is outraged that the state would not offer the same type of deal [seven to nine percent off tax on equipment purchases] for small businesses like his. 'I can’t afford to run a plant here [in California] because every time I put in a new piece of equipment and try to upgrade the plant I have to pay an extra six percent on top of what the equipment costs.'" Democratic CA State Treasurer Bill Lockyer gets it. "When does [a tax subsidy] become just a gift for behavior that would have happened anyhow, or does it really bring a business to California or have it really expand?” Of course, this is an entirely theoretical discussion... ... |
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