Now you wait to see what actually passes.
I don't know the answer to your question, but a question of my own: Why do lawmakers feel they need to put a price limit on a car when it comes to a tax credit? I just don't get it. Isn't the incentive to get you to buy an EV rather than an ICE car? Who cares how much it costs.
your first mistake was thinking A. Politicians care about the average person. B. Assuming Politicians have a brain
Because they are Douchebags.
Agree, categories and limits, WTF? these consultants for Congress over engineer. Plus there is a Union adder of 4,500. MME are built in a non-union plant in Mexico by a UAW Auto Maker Ford. Don’t know what I would cut (don’t want to) and a 2022 is 1000 higher for same config.
That's the easy explanation.
I get your drift, the whole picture. But lets call a spade a spade. They over complicate everything.
Politicians overcomplicating things? No way! Just look at our easy to follow tax codes! /s
Most if not all foreign car makers in the us are all down south and non-union I do not see the big deal. I worked at Subaru we were non union and are quality was amazing. They can actually hold people accountable. But how dare you hold someone accountable in today's era.Agree, categories and limits, WTF? these consultants for Congress over engineer. Plus there is a Union adder of 4,500. MME are built in a non-union plant in Mexico by a UAW Auto Maker Ford. Don’t know what I would cut (don’t want to) and a 2022 is 1000 higher for same config.
It's really not about pushing EVs it's more about pushing EVs on lower income people - at least that is my guess. By lower income I really don't mean poor because EVs are all expensive even the least expensive of them. At this point EVs have caught on enough that if someone with enough money wants one they'll buy it - credit or not. I think the lawmakers realize this and are trying not to be a tax haven for the more well off to save money on their expensive cars just because they are electric. When the leaf was your only option....well, rich people didn't want one of those (usually)!
Because subsidizing rich people isn't necessary. There are enough giveaways to the wealthy, and it makes sense to only give the additional incentives to those who are not wealthy and thus actually need it. The only practical way to do that at point of sale is to base the cap on information that is known: the price of the car. Certainly it is unnecessary to subsidize $300,000 supercars, so the question is where do you draw that line? $70,000 seems like a reasonable threshold.
Right, still about $500 short ?
$70,000 would work for, want Magneride…
