unnamed (2).jpg

ICYMI: Don't Extend the EV Tax Credit. End it now

It’s time to look seriously at getting rid of subsidies for products that are otherwise not in high demand.

Only in Washington would a congressional committee recommend a one-year extension of the tax credit for electric vehicles (in this case motorcycles) the day after General Motors announces it’s pulling the plug on the all-electric Chevy Volt.

Rep. Kevin Brady, R-Texas, the outgoing chairman of the tax-writing House Ways and Means Committee, generally opposes these kinds of special provisions. They’re bad policy because they distort activities in the marketplace. Nonetheless, it’s right there in the bill he has proposed.

What’s even stranger is that Congress signed off on phasing out this credit in its entirety in the 2018 tax bill. It’s an expensive write-off that mostly benefits the uber-wealthy, who buy electric cars as status symbols and tokens of environmental consciousness... Under current law, the tax credit for electric vehicle purchases phases out for each type of electric vehicle once its manufacturer has produced 200,000 units ... It’s clear from the numbers that market demand for these cars is pretty slow. It might have been higher back when a gallon of regular gas cost more than $4, but back then the technology never matched the hype.

This controversy over the electric car credit gives the retiring Sen. Orrin Hatch, R-Utah, currently chairman of the Senate Finance Committee, one more chance to be a hero ...

Please click here to read the column in full.

More American Companies Announce Bonuses

Thanks to the Tax Cuts and Jobs Act, at least 291 companies have already announced wage and salary increases, bonuses or 401k match increases. Read More

We need your help to fight this dangerous tax. Call your congressman today by clicking this link

Opposition includes

Who are We?

We're the patriots that voted for Donald Trump to end crony capitalism, not increase our prices

Learn More →

our plan

Donald Trump proposed a plan that will decrease taxes and grow our economy. The Washington Establishment wants to ignore these plans and institute a Consumer Tax Hike

Learn More →

our supporters

Check out the folks that agree with us and add your name!

Meet our Supporters →