Saturday, August 13, 2022

Most electric vehicles won't qualify for federal tax credit under the falsely named Inflation Reduction Act

What an irony! Not only is the 46th President demented and senile, apparently Chuck Schumer (71 years) and Nancy Pelosi (82 years) are not far behind! What is not to be liked about a gerontocracy!

The Dimocratic politicians tried to be very clever! 😄

"A tax credit of up to $7,500 could be used to defray the cost of an electric vehicle under the Inflation Reduction Act now moving toward final approval in Congress. ...
That’s mainly because of the bill’s requirement that, to qualify for the credit, an electric vehicle must contain a battery built in North America with minerals mined or recycled on the continent. ..."

Most electric vehicles won't qualify for federal tax credit | AP News

No comments: