Quote:
Originally Posted by Normal
Great news! Chinese EVs don’t qualify for 7,500 tax credits anymore! EVs made with Chinese parts are now disqualified by the IRS. Finally something good comes out of our tax dollars. Phase that junk out of our country.
https://www.msn.com/en-us/news/polit...dy/ar-AA1o5GNV |
It’s a good first step, but it would be way better if ALL EV tax subsidies were eliminated. If EV’s can sell solely based on their stand alone economics, then they have a useful place in the marketplace. Forcing sals based on taxpayer subsidies and government mandates creates inefficiencies and diverts important private research and development dollars away from potentially better technology alternatives. And why should taxpayers that prioritize vehicle range and performance (towing capacity, 4WD, ground clearance, etc…) have to subsidize the EV crowd?