There is currently a Federal Tax Credit of $7500 on electric vehicles and the manufacturers themselves are receiving $Billions of dollars in incentives, credits and other forms of government subsidies.
https://www.greencars.com/expert-insights/electric-cars-eligible-for-the-7-500-tax-credit-in-2023?
The only way I will ever own an Electric Car is if someone gives me one.
And if that unlikely event ever happens it will be a short lived ownership
I will sell it ASAP.
In Washington State we currently have the highest gasoline taxes in the country, although this is concealed by calling most of the amount charged a “cap and trade” fee and not a tax and this fee varies. According to authorities the tax is only $.49.8 per gallon, along with a $.18.4 per gallon Federal tax, but the “cap and trade fee” is currently $.62 per gallon, bringing the total to over $1.30 per gallon. Of course, EV’s pay none of this. They pay only a $150 yearly fee and no sales tax which makes what they are taxed thousands of dollars less than other vehicles.
Expensively, I hope. They cause a lot of road damage/wear and shed rubber like crazy. Their fires cost a lot to manage and their emissions during a burn are very dangerous to firefighters.
A $5000 per year flat fee sounds good.
They do not. If they're going to write an article like this they should at least be intellectually honest. Instead it's all about the greenbacks.
Illinois charges EV owners ~$150 extra for the yearly license plate fee. We have some sort of goofy onetime rebate for EV purchases. The program is only open for a few months or until money runs out. They also prioritize the rebate by income.
$7500 TAX Credit ONLY applies to vehicles built with UNION LABOR..
TESLA IS NOT UNION.
The average EV is much heavier than the average passenger car; therefore their registration fees should be in line with smaller commercial vehicles.
“Mileage tax” at roughly $0.04/mile would be no more burdensome for anyone if that were to replace liquid fuels taxes.
But the pols are trying to make it a big money grab by pushing $0.08/mile.
EV just produce emissions away from the point of use. The emissions are still there. EVs are heavier the ICE vehicles and damage road surfaces more. EVs are also potential fire hazards on the road, in parking lots and in homes. Any emissions reduction is rapidly wiped out in a lithium ion battery fire.
How Are Electric Vehicles Taxed in Your State?
Before or after the fire?.