Marchimedes
Platinum Member
$37 trillion in debt. If he can put people into jobs, he can do so without putting taxpayers into debt.
If Musk had "refused" the tax breaks (done his taxes wrong) would Mother government point out his error?
I looked it up, Musk got 11.4 billion in regulatory credits.
Regulatory Credit means any credits, benefits, attribute, aspect, characteristic, claim, reduction, offset or allowance, or similar benefit of any type, howsoever entitled or named, arising under any federal, state, local or other law as now in effect, or as subsequently amended, enacted or adopted, including but not limited to renewable identification numbers (RINs), and Low- Carbon Fuel Standards (LCFS) resulting from, attributable to, or associated with the Renewable Natural Gas.
Regulatory Credit Definition | Law Insider
Define Regulatory Credit. means any credits, benefits, attribute, aspect, characteristic, claim, reduction, offset or allowance, or similar benefit of any type, howsoever entitled or named, arising under any federal, state, local or other law as now in effect, or as subsequently amended, enacted...
Regulatory credits are paid out to automakers based on the number of zero-emission vehicles (ZEVs) they sell. The amount of credits received depends on the vehicle's range and other factors. For example, longer-range ZEVs receive more credits. Automakers must meet a quota of credits they need to sell each year. If they fall short, they can purchase credits from other automakers that have exceeded their quota. This system is designed to encourage the production of electric vehicles and reduce carbon emissions
So says Micrsoft Bing.
So does Mother government send him a pallet of cash or give him tax breaks?
How does one legally refuse these sorts of things?
