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California takes from the poor to help wealthy Telsa drivers
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Struggling to make your car payment?Take solace in knowing your annual $20 smog abatement fee is hard at work helping those who earn $150,000 and more to buy electric cars. State of California data show those who typically receive the $1,000 state rebate on top of the $7,500 federal tax credit when they buy an electric car make 2.5 times the median household income in California.In other words, they can afford to buy the cars without the government transferring money from your pocket into their pockets. It gets worse. •The most popular cars being bought with the rebate are Tesla vehicles that run between $70,000 and $100,000.•Everyone pays a $20 annual smog abatement fee for the first six years they register their vehicles.