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<blockquote data-quote="Non liberal" data-source="post: 5427109" data-attributes="member: 94513"><p>In 2014 Nevada gave Tesla 1.3 billion in special incentives to build a battery factory, including an exemption from paying property taxes for 20 yrs. And 195 million in transferable tax credits Tesla could sell for cash, one of the largest giveaways in American history, and 15 times the size of any previous pkg of incentives offered by Nevada. Also, laws in 10 states require car companies in those states to sell a certain number “zero emissions vehicles.” Since only electric cars qualify as “zero emissions” vehicles these companies buy these tax credits from musk. Musk has made 517million in profit from taxpayers expense. Also, Tesla received a 30% federal tax credit, which can be applied to any tax liability the company may experience. They haven’t paid any federal income tax since 2008. In 2014 Tesla paid 2.5 million in corporate taxes-178,000 to the states, 2.35 million to foreign governments, and nothing to the US government. Thanks Elon! What a joke!</p></blockquote><p></p>

[QUOTE="Non liberal, post: 5427109, member: 94513"] In 2014 Nevada gave Tesla 1.3 billion in special incentives to build a battery factory, including an exemption from paying property taxes for 20 yrs. And 195 million in transferable tax credits Tesla could sell for cash, one of the largest giveaways in American history, and 15 times the size of any previous pkg of incentives offered by Nevada. Also, laws in 10 states require car companies in those states to sell a certain number “zero emissions vehicles.” Since only electric cars qualify as “zero emissions” vehicles these companies buy these tax credits from musk. Musk has made 517million in profit from taxpayers expense. Also, Tesla received a 30% federal tax credit, which can be applied to any tax liability the company may experience. They haven’t paid any federal income tax since 2008. In 2014 Tesla paid 2.5 million in corporate taxes-178,000 to the states, 2.35 million to foreign governments, and nothing to the US government. Thanks Elon! What a joke! [/QUOTE]

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