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Trump Plans to Eliminate EV Tax Credit
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 (IRA). Now, it seems
EV makers slide on report Trump wants to scrap EV tax credit
Trump's transition team is looking to do away with the $7,500 tax credit for EV sales as part of broader tax legislation, Reuters reported.
Trump team plans to end EV tax credit, potentially hurting Korean automakers
President-elect Donald Trump’s transition team is reportedly planning to eliminate the $7,500 consumer tax credit for electric vehicle (EV) purchases, a central provision of the Inflation Reduction Act (IRA).
1d
How to save money with the Inflation Reduction Act before Trump is in charge
But President-elect Donald Trump has pledged to “ terminate ” the cash flowing to clean energy — and has targeted benefits ...
1h
Elon Musk Backs Calls For End To EV Subsidies, But Former Tesla Exec Warns Of 'Massive Drop' In Manufacturing Investments If Trump Follows Through
Tesla CEO Elon Musk on Thursday called for an end to all subsidies following a media report that Donald Trump is planning to ...
The Boston Globe
2d
How you can save money with the Inflation Reduction Act before Trump is in charge
Through the
Inflation
...
credit
would require an
act
of Congress, but a Trump administration could also change the ...
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