Tesla, GM, Other EV Makers Get Potential Win in Senate Deal...Climate proposal would extend $7,500 electric-vehicle tax credit, lift manufacturer cap

Empty dealer lots, above-sticker prices and online sales—supply-chain issues and a shift toward electric vehicles have accelerated changes in the car-buying process. We visit a car dealer to see how consumers and sellers are adapting and what changes might be here to stay. Photo: Adam Falk/The Wall Street Journal

The Senate deal to create a package of climate and healthcare spending measures would preserve—and in some cases expand—tax credits for electric-vehicle purchases, a potential boost for Tesla Inc., TSLA 1.86%▲ General Motors Co. and other auto makers.

The surprise agreement struck late Wednesday between Sen. Joe Manchin (D., W.Va.) and Senate Majority Leader Chuck Schumer (D., N.Y.) on a legislative proposal aimed at lowering carbon emissions and healthcare costs includes several provisions to spur adoption of electric and plug-in hybrid vehicles.

"Tesla, GM, Other EV Makers Get Potential Win in Senate Deal...Climate proposal would extend $7,500 electric-vehicle tax credit, lift manufacturer cap [??? emphasis added]"

FR: Never Accept the Premise of Your Opponent’s Argument

Patriots are reminded that government-manufactured climate crisis (imo) is a state power issue, the states never expressly constitutionally giving the feds the specific power to use finding remedies for junk science issues as an excuse for appropriating unconstitutional, unaccountable federal taxes.

"Congress is not empowered to tax for those purposes which are within the exclusive province of the States." —Justice John Marshall, Gibbons v. Ogden, 1824.
"From the accepted doctrine that the United States is a government of delegated powers, it follows that those not expressly granted, or reasonably to be implied from such as are conferred, are reserved to the states, or to the people. To forestall any suggestion to the contrary, the Tenth Amendment was adopted. The same proposition, otherwise stated, is that powers not granted are prohibited [emphasis added]." —United States v. Butler, 1936.

In other words, "climate crisis" is a tested politically correct Democratic excuse to exploit post-17th Amendment ratification voters / taxpayers who have probably never been taught about the federal government's constitutionally limited powers as the delegates to the Constitutional Convention had intended for those powers to be understood.

In fact, the congressional record shows that Rep. John Bingham, the main author of Section 1 of the 14th Amendment, had clarified that the delegates to the Constitutional Convention had left the care of the people uniquely to the states, not the feds.

”Simply this, that the care of the property, the liberty, and the life of the citizen, under the solemn sanction of an oath imposed by your Constitution, is in the States and not in the federal government [emphases added]. I have sought to effect no change in that respect in the Constitution of the country.” —John Bingham, Congressional. Globe. 1866, page 1292 (see top half of third column)

Corrections, insights welcome.

Also, Trump's red tsunami of patriot supporters are reminded that they must vote twice this election year. Your first vote is to primary career RINO incumbents in federal and state governments. Your second vote is to replace outgoing Democrats and RINOs with Trump-endorsed patriot candidates.

Again, insights welcome.

Only wealthy people can afford these EVs. That means a tax credit to the rich.

yes, there are some limitations though, unlike the current credit.

The proposed bill would exclude buyers of electric cars priced higher than $55,000 and electric trucks, vans and SUVs above $80,000. It also would include income restrictions: Buyers with household incomes of $150,000 or higher—$300,000 for married couples—wouldn’t qualify for the credit on new EV purchases. The limits on used purchases are $75,000 for individuals and $150,000 for married couples on qualifying used vehicles.

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