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

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  • November 14, 2024

Republicans have long opposed the $7,500 federal tax credit for electric vehicles contained in the Inflation Reduction Act (IRA). 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 […]

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