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Old 01-09-2022, 08:43 AM   #241 (permalink)
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Originally Posted by Hersbird View Post
The full amount of the EV qualifying tax credit is in place DURING the entire calendar quarter in which 200,000 EVs are sold by a manufacturer, AND through the subsequent quarter.
Then the tax credit amount is reduced by 50% for the next 2 quarters.
The credit is reduced again to 25% of the original amount for the subsequent 2 quarters.
At that point the credit expires completely.
Until itís revised anyway, assuming BBB ever passes

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Old 01-09-2022, 01:04 PM   #242 (permalink)
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Old 01-09-2022, 03:38 PM   #243 (permalink)
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Originally Posted by rmay635703 View Post
Until itís revised anyway, assuming BBB ever passes
Manchin said today he wouldn't even go for his plan anymore. He's done, too much inflation, too much spending. No way increased EV credits gets anywhere now, it will be probably extended child tax credits at the most. I guess just insulting him and his constituents didn't work.

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