Government subsidies for the affluent! What a bad joke!
For leased vehicles, lessee and lessor both took advantage of the same tax subsidy amount quasi doubling it. Nice!
Generally speaking, government subsidies to individuals or businesses are rarely a good idea and most of the times are a waste of taxpayer money!
News - Millions of Dollars in Fraudulent Electric Vehicle Tax Credit Claims Revealed | Heartland Institute: The Internal Revenue Service wrongly granted $73.8 million of electric vehicle tax credits for 16,510 tax returns that made fraudulent or mistaken claims for the credits between 2014 and 2018.
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