Quote:
Originally Posted by ColdNoMore
Sometimes I just have to shake my head...at the flaming hypocrisy I see. 
Those who are opposed to a tax break for people who install solar (which is actually something very positive for the environment)...do so because they say they are against subsidies by taxpayers.
So how many of them DON'T currently use one of the biggest taxpayer funded subsidies around...the the 'Property Tax Exemption for Homestead Property?'
Heck, you don't even have to have a real homestead...or even to have been living here for a long amount of years to get it. 
http://dor.myflorida.com/dor/propert...ures/pt113.pdf
The dirty little secret is that the big, for-profit power companies don't want solar to compete with them and they sure as heck don't want to pay the going rate to buy back excess solar power from consumers... so they are spending millions trying to obfuscate what is basically a subsidy to them.
Vote NO on Amendment 1.  |
In the event that your comments were a result of my early post, don't make any assumptions about me. I am against all forms of tax credits , subsidies, etc. I believe we should all pay our own way. WHY? Because such tax loopholes end up being abused and fund people the loopholes never meant to fund. And because it often compromises true innovation. Telsa has never made a profit but government continues to fork over big tax dollars to both the Telsa which has never made a profit and consumers who are very capable of paying $70,000 to$100,000 + for a Telsa vehicle The EBIT Credit by IRS's own accounting is misapplied better than 24% of the time and they don't care.
However, as long as such tax loopholes are available you can't blame people for taking advantage, even Donald Trump.
Lux et Veritas