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Old 05-29-2021, 07:54 PM
tuccillo tuccillo is offline
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That is possibly in the future but doesn't exist right now. Your post indicated that you believe that they are currently being subsidized. Also, the $12,500 proposal is only for cars made in union shops so it would exclude the largest EV maker in the US: Tesla. The proposal is for $10,000 for Teslas - not anywhere near 1/2 the cost. Again, possibly in the future. Currently, there are no Federal tax credits for cars from Tesla and GM. Please provide a reference to show that 1/2 is subsidized currently.

Quote:
Originally Posted by JMintzer View Post
U.S. Senate panel advances EV tax credit of up to $12,500

And that's just to the consumer. It doesn't count the tax breaks to the manufacturer...