Lege Trend: Motor Vehicle Tax Rebates. Welfare for Tesla drivers?

California is limiting the rebate it gives for electric cars. If you earn more than $500,000 per year, kiss your rebate good-bye.  Tax groups want to do away with all the rebats, which in this case they call  “welfare for the rich.”

How does California fund the electric car subsidies? A surcharge on vehicle registration fees and a portion of the smog fee 

California’s Policy Goal: Rapidly increase the percentage of zero-emission vehicles in the state

What’s the program cost so far? $242 million in rebates awarded to 114,702 Californians, mostly in the L.A. area

What percentage of Teslas are in the mix? 15% of rebates go to Tesla owners

Los Angeles Times