The $7,500 EV tax credit is on Trump’s chopping block

Republicans have long opposed the $7,500 federal tax credit for electric vehicles contained in the Inflation Reduction Act. Now, it seems President-elect Donald Trump’s transition team has made that a priority with plans to end the tax credit as part of broader tax reform legislation, Reuters reported citing two unnamed sources. TechCrunch has confirmed the […] © 2024 TechCrunch. All rights reserved. For personal use only.

Nov 15, 2024 - 06:00
The $7,500 EV tax credit is on Trump’s chopping block

Republicans have long opposed the $7,500 federal tax credit for electric vehicles contained in the Inflation Reduction Act. Now, it seems President-elect Donald Trump’s transition team has made that a priority with plans to end the tax credit as part of broader tax reform legislation, Reuters reported citing two unnamed sources. TechCrunch has confirmed the […]

© 2024 TechCrunch. All rights reserved. For personal use only.

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