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Republicans to kill the federal electric vehicle tax credit


JusKeepBreathin

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JusKeepBreathin

A group of Republican senators have introduced a new bill to kill the federal electric vehicle tax credit completely and add a new annual tax for electric vehicles.

 

https://electrek.co/2019/02/06/republican-senator-bill-kill-electric-vehicle-tax-credit/amp/

 

Republican Senator John Barrasso (Wyoming), along with Republican Senator Roberts (Kansas) and Enzi (Wyoming), have introduced yet another bill to kill the tax credit.

It’s the second time that Barrasso has been pushing an effort to kill the EV tax credit. “Oil and gas” is one of the top sectors to donate to Barrasso’s campaign, according to OpenSecrets. Chevron and Murray Energy are amongst Barrasso’s top donors.

"Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity." -Martin Luther King Jr.
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Economy

This is so premature

 

Realistically soon we will have to end the credits because once the EV market becomes large enough, it will cost a huge fortune to be subsidizing everyone's car purchases

 

But for the moment it's still a good way to push the Industry :shrug:

 

My Province (Ontario) also recently ended the subsidies for EVs :neyde: the federal government portion is still available tho

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