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.
There was a recent piece about how the new Bentley EVs due out in 2025 would come at $250+k BUT also have the $7.5k tax rebate as well. For all of the screams by the LEFT about how the wealthy get tax advantages ... on this?
Crickets!
Remember that the “disparate impact” argument will be used, so the Illegals and gimmedats can drive electric Escalades.........with their free Obamaphones........