Posted by: aShogunNamedMarcus
Yes. First you missed my point of the tax but you nailed it - we arent getting anything for it. Nothing, nada, zip. No green energy industry, no job creation with billion in dollars of taxes - hell they havent even moved the radiation detectors back to the coast ;)
So, how does the tax credit know how much fuel I use? I dont submit a claim of receipts for fuel consumption. You approve of the idea of a tax that isnt a benefit? You raise the price of anything enough and people will stop buying it or make some changes.
It doesn't keep track, which is why it works. You are not supposed to get what you personally paid back from the government, you get the average, so if you don't burn any gas you get more back than you paid. If you burn a lot of gas, you pay more than you get back. Your last sentence hits the mark bang on. If gas costs more, people use less.
Now, I am also all for more taxes that go into green tech as well.