Author Topic: EV federal car tax rebate may be axed  (Read 92 times)

Richard230

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EV federal car tax rebate may be axed
« on: December 10, 2017, 05:31:51 PM »
According to an article in my newspaper today, the federal EV tax credit, which apparently already doesn't apply to motorcycles, is on the chopping block. The $7,500 EV car credit remains in the Senate version of the new tax bill, but the House version nixes it.   >:( So now it will be up to the "conference committee" to decide whether you can take the credit next year or not.  If not, as the article mentioned, a lot of people will likely decide that buying an EV car is just too expensive and go with IC, instead.   :(  Stay tuned.
current bikes: 2018 16.6 kWh Zero S, 2011 Royal Enfield Bullet 500 Classic, 2009 BMW F650GS, 2007 BMW R1200R, 2005 Triumph T-100 Bonneville, 2002 Yamaha FZ1 and a 1978 Honda Kick 'N Go Senior.

EmpulseRider

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Re: EV federal car tax rebate may be axed
« Reply #1 on: December 11, 2017, 12:07:51 PM »
I could support this measure if it wasnt completely one-sided. There are a lot of tax breaks big energy enjoys that obfuscate the true price of a gallon of gas. Those would need to also go away for me to support this. The credit was designed to be phased out anyway.

I think we all know that the worst thing the EV tax credit program has going for it is that (some) people THINK it was a product of the Obama administration...
« Last Edit: December 11, 2017, 05:08:59 PM by EmpulseRider »