YLC March – Electric Vehicle Subsidies for the Rich – Pacific Research Institute

YLC March – Electric Vehicle Subsidies for the Rich

March 14, 2018
20 Yerba Buena Lane, San Francisco, CA, USA

Join us for our next Young Leaders Circle monthly event with Dr. Wayne Winegarden,
Sr. Fellow in Business & Economics, Pacific Research Institute, the Principal of
Capitol Economic Advisors and a Contributing Editor for EconoSTATS.

with Honorary Guests Sabrina Lockhart, Sanaz Motamedi, and Chris Gotterba

“IRS Statistics of Income data illustrate that, for the 2014 tax year, 78.7 percent ($207.1 million)
of the federal consumer tax credits were received by households with an
adjusted gross income (AGI) of $100,000 or above.”

Our Questions:
Has the green revolution had an equitable effect on families in different income brackets?
Do EV subsidies disproportionately benefit upper-income households?

Wednesday, March 14, 2018
6:30 pm to 8:30 pm

Press Club
20 Yerba Buena Lane
San Francisco, CA 94103

Wine, beer, and hors d’oeuvres will be provided.
This event is open to young professionals throughout the Bay Area, age 21+.

Dr. Winegarden will be joining us to discuss his recently released study: Costly Subsidies for the Rich.
Dr. Winegarden’s study explores how generous, taxpayer-funded subsidies for electric car purchases have become a costly subsidy benefitting the wealthy.

Honorary Guests:
California Petroleum Production Policy Expert, Sabrina Lockhart: California Independent Petroleum Association
Postdoctoral Autonomous Vehicle ResearcherSanaz Motamedi: California Partners for Advanced Transportation Technology (PATH), UC Berkeley
YLC Member of the Month, Chris Gotterba: Lawyer during the week, car enthusiast on the weekend

Honorary PRI Scholar

Dr. Winegarden’s columns have been published in the Wall Street Journal, Chicago Tribune, Investor’s Business Daily,, and He was previously economics faculty at Marymount University, has testified before the U.S. Congress, has been interviewed and quoted in such media as CNN and Bloomberg Radio, and is asked to present his research findings at policy conferences and meetings. Previously, Dr. Winegarden worked as a business economist in Hong Kong and New York City; and a policy economist for policy and trade associations in Washington D.C. Dr. Winegarden received his B.A., M.A. and Ph.D. in Economics from George Mason University.



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