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by danans 3155 days ago
The correct solution here is not to get rid of the credit, but to introduce a phase out as income rises, so middle class car buyers benefit, but wealthy car buyers don't.

But that won't happen because the real goal of the proposal is to support the oil and gas industry, not to remove a subsidy to wealthy car buyers. As the article states, even the auto industry has come out against this.

2 comments

In addition to the down-votes, can someone explain to me why they think a high income phase-out of the EV rebate is not preferable to eliminating it altogether, especially if the objection to the rebate is that it subsidizes car purchases by the wealthy?
That's what I don't understand in all such proposed policy changes, the discussion is phrased as A or B (with people arguing on either side) when in practice there are many other possibilities, some win-win others giving an acceptable compromise.