Sunday, August 14, 2022

Day May Come When EVs Dominate, but This Is not the Way to Bring It

    "The ends cannot justify the means." -- Anonymous

    Ahh, then, does that while, yes, we want to shift from fossil fuel to alternative fuels, giving tax credits is not the way to go about it. We already have a terrible national debt. Let's not make it more miserable.

   But, there it is: The Inflation Reduction Act would let you write $7,500 off your taxes if you bought an electric vehicle. That's a pretty good chunk of money. And, considering the IRA also would give tax incentives to the carmakers, themselves, the price of EVs could drop.

   There might come a day when there are more electric vehicles on the road than gasoline-powered cars. But running up the national debt is not the way to go about it.  

(Index -- Climate change info)

No comments:

Post a Comment