Thanks to the Inflation Reduction Act, folks who purchase electric vehicles can receive a tax credit of up to $7,500 per vehicle, allowing millions of consumers to ditch the pump and easily switch to an EV.
Take a look: https://t.co/rF5wXSF5DF— President Biden (@POTUS) January 3, 2023
The Mustang is now an SUV. In related news, the government has decreed that all dogs have five legs and no tails. No one could reach an agreement about cats.
Actuallg, there is an unwritten rule about cats. Any single woman who has more than 3 cats just buy all wind in boxes.
The previous rules were crazy. A Tesla Model Y with 7 seats was an SUV but the same Model Y with 5 seats was not.
No more “Tax Cuts for the Rich!”™
If they removed the tax credit, that SUV would drop from $80k to $72.5k.
Again...not words. This just pisses me off to no end! It is not the governments right to take taxpayer money and award people for buying a certain vehicle that most taxpayers can’t begin to afford in order to incentivize people to by an EV! That is not why we have the government and not part of the Constitution! If you want an EV, go buy it but don’t expect the government to award you for it. It is ridiculous!