Posted on 05/06/2025 1:12:12 PM PDT by Red Badger
Those of us who did not buy EVs should receive the tax credit!
Why can’t you get a tax credit if your vehicle has over 500HP? You are paying more gas taxes already.
Of course, a company with a name like “Elektrek” is an impartial, unbiased reporter on this issue. š
“...[the tax break] helps the US not fall too far behind the rest of the world in the critical electrification of the auto industry...”
Hmmm... I missed their well-supported argument as to why it’s critical that our auto industry be electrified...
Tired of these articles that predict large costs for Trump policies tariffs etc. They are propaganda.
There never should have been solar or EV grants, tax credits, mandates etc. The solar companies went bankrupt after the entrepreneurs & slush recipients got rich. The G’vt shouldn’t be picking winners & losers. Let the market decide.
Yeah, ‘plans’.
TESLA NEVER GOT A $7,500 tax credit.
THAT Amount only went to UNION auto makers.
TESLA cars got $5,000 only
TESLA IS NOT UNION :) :)
I 100% agree. Further still, the EV tax credit and solar tax credit just artificially inflate the prices that consumers pay up front -- for you to get that back from the govt when you file your taxes in April. So the tax credits don't help the people that the tax credits supposedly are for. They help only the special interests. I saw this first hand when I added onto my solar in year 2022 -- the year the Inflation Raising Act altered the solar tax credit and EV tax credit.
ābut the target has since been revised to $150 billion by 2026.ā
DOGE site already reports $160 Billion in savings, and its only 3 months into President Trump's term. Another nearly 4 years to go.
For a while, every time I would see an EV, I would point out to everyone in my car that all of us paid for some of the EV. I guess I went overboard. Some asked me to stop pointing it out. Not because they disagreed with me, they were just disgusted.
Not correct. Tesla buyers who met income qualifications got 7500.0
Good, I have two EVs both Tesla and no I never got the credit or the payout my income and the wife’s claimed income vastly exceeds the cap for it. The Gov has no business subsidising big auto. If people have a use case for an EV they will buy it based on that case.
Now fix the federal and state road fund by eliminating gas tax and taxing by the mile from mile one. Use more pay more it’s that simple.
The avg person pays less than $110 in federal gasoline tax per year that doesn’t cover a single FOOT of new road nor maintenance on a existing road. At the state level California with the highest state gas tax would average $451 per year again not a single foot of infrastructure costs.
14,500 miles per year at 25mpg times 77.9 cents per gallon Cali tax = 451. Every other state is less. Fed tax is 18.4 cents= $106
These subsidies are a Jimmy Carter EO that keeps being renewed and growing.
Good Observation.Fred Lambert, writer and editor of Elekrek is a virulence Musk hating leftist. This publication is the PMSNBC of EV media. To come to think of it, despite being the only person West of China to mass produce EVs, Musk is hated by almost all the pro EV, pro Environmental press. What a shock! Pun intended
Ending a “tax cut for the rich” ...
Didnāt EV prices go up when the credit was started? Ev prices should go down after credit goes away
The market for EV automobiles in the United States is either near or at the saturation point, in the absence of a mandate requiring their purchase after a date certain, as a replacement for ICE vehicles.
EV automobiles are, and have always been, niche vehicles. The battery array necessary to provide more than limited range has always been the obstacle. Bypass that limitation, by either some form of on-board electrical generation system to provide power on demand, or produce a “Mr. Fusion” generator as was on the “Back to the Future” DeLorean. Hydrogen fueling has its own set of limitations, which may or may not be overcome, but there is more promise there than with battery power storage systems.
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