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Rhiannon12866

(205,552 posts)
Thu Apr 11, 2019, 03:00 AM Apr 2019

Trump wants to end $7,500 electric car tax credits, members of Congress move to stop him

WASHINGTON — President Donald Trump has proposed ending tax credits to encourage the purchase of electric cars but a bipartisan group in Congress moved Wednesday to stop him.

U.S. Sens. Debbie Stabenow and Gary Peters, both D-Mich., as well as Sens. Lamar Alexander, R-Tenn., Susan Collins, R-Maine, and U.S. Rep. Dan Kildee, D-Flint Township, instead proposed legislation that would expand the credits.

"Today's legislation is something we can do now to reduce emissions and combat carbon pollution," said Stabenow, who has long pushed to protect the tax credits intended to encourage people to purchase vehicles powered by electricity or hydrogen fuel cells. "Our bill will (also) help create American jobs."

Under the current regulations, consumers purchasing eligible electric-powered vehicles can receive a tax credit of up to $7,500. The Trump administration has said getting rid of that credit could allow the U.S. Treasury to bring in another $2.5 billion.

Eliminating or changing the credits, however, would take an act of Congress, and the program has enjoyed bipartisan support in the past. In the current proposal, rather than eliminating the credit it would expand it, raising the limit at which it currently begins to phase out.


More: https://www.freep.com/story/news/local/michigan/2019/04/10/electric-car-tax-credit-2019-federal/3422657002/

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Trump wants to end $7,500 electric car tax credits, members of Congress move to stop him (Original Post) Rhiannon12866 Apr 2019 OP
Good gawd. That bastard will always choose whatever is Control-Z Apr 2019 #1
I feel exactly the same way! I could feel my ire rising as I read this article! Rhiannon12866 Apr 2019 #2
Message auto-removed Name removed Apr 2019 #3

Control-Z

(15,682 posts)
1. Good gawd. That bastard will always choose whatever is
Thu Apr 11, 2019, 03:21 AM
Apr 2019

contrary or counterproductive to Americans.

I can't believe I hate him more right now than I did 10 minutes ago. But I do.

Hi, Rhiannon. How are you tonight?

Rhiannon12866

(205,552 posts)
2. I feel exactly the same way! I could feel my ire rising as I read this article!
Thu Apr 11, 2019, 03:37 AM
Apr 2019

I'm hanging in there, but I sure wish we could get through just one day without getting so pissed off at this bastard's attempts to circumvent established law and eliminate any "checks and balances!" And every single decision this would-be dictator makes is specifically aimed at benefiting his businesses or his "friends" - and harming the rest of Americans! What president sees that as his mandate??

Good to see you, too, my friend - hope you're doing well...

Response to Rhiannon12866 (Original post)

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