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In Reply to: I'm not losing sleep over it ghost... posted by Jim Pearce on November 24, 2021 at 14:16:18:
Yeah, it was Biden's idea but Congress has to make it happen and that's far from certain.
Second of all, it's meaningless feel-good "we're doing something about global warming" optics.
That's all it is. Optics. Like 99% of the garbage that comes from our national government.
FWIW, I don't think there should be ANY EV credits. Why make it easier for affluent people to buy expensive cars?
Or, if we have to have the $12,500 credit, limit it to households earning $50K/year or less, make it fully deductible so that the buyer gets the full amount of the credit regardless of tax liability, and apply it to all EVs.
The blissful counterstroke-a considerable new message.
Edits: 11/24/21
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Follow Ups
- First of all, Congress has to do this. - ghost of olddude55 14:34:21 11/24/21 (0)