The Brammo Buying Experience > Taxes, Incentives, Advantages
EV federal car tax rebate may be axed
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Richard230:
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.
EmpulseRider:
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...
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