Joe Biden signed the Inflation Reduction Act (IRA) in August 2022, which allocated millions to combating climate change and other energy provisions while additionally establishing a $7,500 tax credit for electric vehicles. To qualify for the subsidy 40% of the critical minerals used in electric-vehicle batteries must be sourced in the U.S. EU and South Korean officials argues that the subsidies discriminated against their automotive, renewable-energy, battery and energy-intensive industries. Proponents argue that the tax credits will help combat climate change by encouraging consumers to purchase EVs and stop driving gas powered automobiles. Opponents argue that the tax credits will only hurt domestic battery and EV producers.
@9LGDCFV2wks2W
Many owners of electric vehicles are richer than the majority, so it would basically be paying rich people to buy expensive cars.
@9LDKLCN3wks3W
No, and heavy restrictions should be brought in to stop the production of dangerous electric cars
No, they should not incentivize personal electric vehicle ownership and should prioritize building pedestrianized cities.
@9L4GGFD1mo1MO
No, the only incentive should be not paying taxes on gasoline
@9KYV9RCNew Democratic1mo1MO
the government should provide subsidies to people with a smaller carbon footprint, purchasing an electric vehicle does not reduce your carbon footprint
@9KTRK672mos2MO
Yes, but it should not be available for luxury vehicles and should be inversely proportional to income
@9K6HR9K2mos2MO
You're are who you are, a retard for buying those.
@9JWZJD3Rhinoceros2mos2MO
Not at this time. Wait till tech is worked out better
little bit of benefits, but not subsidies related to tax.
@9HN5DCR4mos4MO
Yes, but end them after a set period of time, and prorate the benefits to maintain continued incentivisation.
@9H5ZN2X5mos5MO
No matter what vehicle you own, everyone should be treated the same
No, Electric cars and green energy is a scam created to disrupt and make billions with no net gain to the environment
@9GWYSLW6mos6MO
No, it is just as damaging. Instead provide incentives for use of public transport or hydrogen vehicles.
@9GNXXXT6mos6MO
Absolutely. We should also make sure that there is infrastructure, as well as investment in manufacturing and energy resource plants to make them too.
@9GDD4J3 6mos6MO
No, that money should be used to increase spending on public transportation.
@9FWTCB27mos7MO
Yes, but I would only make it large enough to make them financially competitive within their class of vehicle.
@9FWMZSC7mos7MO
Yes, to convince people to swap to electric vehicles to avoid contaminating the environment even further.
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