US Senator introduces bill to end tax credits for EVs
10 October 2018
Senate Environment and Public Works Chairman John Barrasso (R-Wyo.) introduced legislation (S.3559) to end tax credits for electric vehicles.
The bill amends the Internal Revenue Code of 1986 to terminate the credit for new qualified plug-in electric drive motor vehicles and provides for a Federal Highway user fee on alternative fuel vehicles.
The bill has been referred to the Senate Committee on Finance.
Fine, it is to manufacturer to bring affordable product on market like Tesla model 3 at $34K, no reason to use public money to buy an expensive Model S, with or without subsidies buyers can afford it anyway.
Posted by: bob | 10 October 2018 at 06:08 AM
Add a provision to eliminate subsidies on fossil fuels to this bill, and make the Federal Highway user fee apply to all vehicles and scale by weight of the vehicle. Then I'm all for this bill.
Posted by: Owen56456909 | 10 October 2018 at 09:19 AM
It could be worse when electricity used by PHEVs/BEVs are taxed at the same level as bio/fossil fuels?
Since PHEVs/BEVs are relatively heavier, than ICEVs, taxing by vehicle weight would be another way to go backward.
In other words, pay people to pollute more?
Posted by: HarveyD | 10 October 2018 at 12:12 PM
Taxpayers pay subsidies to oil companies in the multi-billions for exploration, mining, and transportation; without which the American ICEV driver could not afford the fuel to drive; then, the taxpayer's fuel is taxed for roads and costs...they got'cha on both ends.
This move by a coal country politician is another attempt by the paid campaigners for the fossil fuel industries to slow down their enemies, clean energy and electric vehicles.
Posted by: Lad | 10 October 2018 at 02:40 PM