President-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct knowledge of the matter told Reuters.
Good, we should not continue to subsidize profits for private companies. Nobody that is actually in a place that NEEDS help buying a car will ever be in the market for a NEW car nevermind an EV, all these tax credits do is help well to do people justify buying a new car. If EVs can’t sell without the big credit, their not ready for the market anyways.
Good, we should not continue to subsidize profits for private companies. Nobody that is actually in a place that NEEDS help buying a car will ever be in the market for a NEW car nevermind an EV, all these tax credits do is help well to do people justify buying a new car. If EVs can’t sell without the big credit, their not ready for the market anyways.