Quote:
Originally Posted by Rainger99
According to the census, the median household income was $67,521 in 2020 (before taxes), a decrease of 2.9 percent from the 2019 median of $69,560.
The average price for an electric car is $66,000.
Unless we are going to get a $30,000 to 40,000 tax credit, most Americans will not be able to afford it. However, if climate change is an existential threat to humanity and will destroy the planet in (is it 0, 8, or 10 years), we have no choice but to buy electric cars for everyone in the country - and probably the world!
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I don’t know about y’all, but even a $7500 tax credit does not apply to me. Let alone many more thousands in Credit some are advocating …. for a year. Our finances are just fine and cozy but our annual fed tax bill is not close to $7500. So we would be leaving a bunch of bucks on the table if we’d ever buy an EV with the credit. BUT we are assuming some of the $$$ payout from our tax dollars to those who get and use those credits primarily the rich who can afford the average $66K EV. grrr