JTN
House Republicans are arguing against a Democratic proposal to increase the $7,500 taxpayer-funded credit for electric car purchases to as much as $12,500, arguing that it would disproportionately help wealthy Americans who can afford to buy pricey electric vehicles.
Democrats on the House Ways and Means Committee have proposed increasing the credit as part of their party’s filibuster-proof $3.5 trillion budget reconciliation bill, which includes new social programs and billions for electric vehicle infrastructure.
Electric cars “can cost anywhere from 10 percent to over 40 percent more than a similar gasoline-only model,” a Consumer Reports analysis found last year (although the study argued that estimated savings on things like fuel and repairs offset the higher purchase prices over time).
In 2020, electric cars accounted for only 2% of new passenger vehicle sales.
Under the latest version of the proposal, an increased credit of $12,000 would apply to union-made vehicles that are assembled in the U.S. and an extra $500 would be added if the vehicle contains 50% domestic parts. more
Go away Mucland and peddle your smut elsewhere, this is a site for free thinking conservative like minded Americans and not for peddling cheap thrills. You are not welcome here at least in my opinion.
Steal from the poor and give to the rich? Hey, that’s MY gig!
https://www.youtube.com/watch?v=MqkT4B-9MGk
Enough! It’s not up to the government to pick winners and losers in a competitive free market economy.
There should be NO subsidies for buying electric cars.
Besides, the only ones who can afford them don’t need gubmint handouts.
Right AOC?
Politician investments must pay off at everyone’s expense, they can’t become multi millionaires as servants on a government salary.
Don’t forget 10% for the “Big Guy”!
You spelled robbing wrong.
Or… how to weaken America and free up our fossil fuel resources for the Chinks!
Wake me when a 33.7 kWh battery weighs 6.3 pounds… or at least less than 10lbs
Right now a battery equivalent to a gallon of gas weighs close to 350lbs (in rough numbers)
A gallon of gasoline weighs 6.3lbs and is roughly equal to 33.7kWh.
It ain’t even close folks!!
An electric car or truck has to use a lot of energy just to lug its own fuel source around!
This does not make America better, stronger or competitive when we are competing in a world that runs on fossil fuel!
An electric car… talk about a Lead-Sled!!
They’re not serious about electric transportation. As an alternative I was looking into getting an electric 4 whl mobility scooter as a hassle free way to get around using the bike lanes. But a drivers license is still required and you have to stop and walk it across streets using crosswalks. A license is even required to ride a 2 wheeler.