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Bullboard - Stock Discussion Forum Surge Battery Metals Inc. V.NILI

Alternate Symbol(s):  NILIF

Surge Battery Metals Inc. is a Canadian-based company. The Company’s Nevada North Lithium Project flagship property is dedicated to exploring clean high-grade lithium energy metals in Nevada USA - essential for powering tomorrow's electric vehicles. The Company’s management team boasts a strong track record of delivering significant shareholder value. The Company is led by a board and... see more

TSXV:NILI - Post Discussion

Surge Battery Metals Inc. > Sales Tax Holiday will BOOST EV Sales
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Post by deepoil0808 on Jan 04, 2025 12:59am

Sales Tax Holiday will BOOST EV Sales

The best way for both Canada and USA to accelerate adoption of EV sales is to incentize buyers by granting a tax holiday on the purchase of any EV vehicle versus a combustion vehicle.

In Canada it would amount to a savings of 15%.

So if you are given an option to purchase a $ 40,000 combustible car or, a $ 40,000 EV, you would lean towards the EV because you save the 15% tax or $ 6,000.

In addition, to further put fire on EV market, you could add a carbon tax on the sale of combustible cars so say $3,000.

For a $ 40,000 EV model, it would mean a savings of 15% tax or $ 6,000 and $ 3,000 carbon tax or $ 9,000 in total.

No one would buy any more combustible cars.

Food for thought,

Good Luck Everyone, 
Comment by sorrenson on Jan 04, 2025 10:52am
Yes make sure you tax combustibles to death and  give it all to the EVs  Especially the "super green" ones made using coal fired electricity in china, turkey etc   Amazingly the prices of evs have been dropping as incentives fall off  but  we better reverse the trend and put the incentives back so taxpayers  money can be pocketed by scammers sucking ...more  
Comment by 60offmax on Jan 08, 2025 6:56am
Multi board polluter  we can see
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