Quote:
Originally Posted by JSH
A family of 3 making $70K a year would only get $3029 for the Federal EV tax credit. They would need to make $107K a year to get the full $7500.
Where is the logic that a family making $70K a year should get a smaller EV tax credit than a family making $107K a year?
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Of course that tax credit should, in theory, trickle down into the used car market, which is where those of us that make around $70,000 a year usually buy.
But this whole EV market is a new thing. It's not like the changes we've seen to cars before. You need a place to charge them, they have a limited range, we have little idea of the true longevity of them. Are these going to be the kind of vehicle that all of the sudden it doesn't run because it needs a $10,000 battery? Or what if the battery is part of the vehicle and non-changeable?