Will Trump’s plan to kill the EV tax credit help China?
As the incoming Trump administration prepares to make aggressive cuts to government spending, one major provision of the landmark Inflation Reduction Act appears to be on the chopping block: the consumer tax credit for purchasing an electric vehicle.
Prediction: President-elect Donald Trump's Plan to Cancel Tax Credits on Electric Vehicles Will Help Tesla
On Aug. 16, 2022, President Joe Biden signed the Inflation Reduction Act (IRA) into law. Although there are many components to the IRA, one of the more prevalent aspects of this piece of legislation revolves around tax credits for electric vehicles (EVs).
Read on for guidance about the current state of the electric vehicle tax credit, as well as other advice covering everything ...
But President-elect Donald Trump has pledged to “ terminate ” the cash flowing to clean energy — and has targeted benefits ...
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