The $7,500 is a tax credit, which means you only qualify for the full amount if you owe at least $7,500 in taxes that year. So it is a tax break, not a hand out.
That may be a semantic argument, but I just wanted to make it clear that no one is being written a check for $7,500.
No it is redistribution from your neighbor to you. Now you may be fine with that as a policy but don’t shit on my leg and tell me you spilled the gravy.
Indeed it is.