That’s actually a policy that existed long before Harris was Vice President.
To incentivize manufacturers to build EV’s, the first 200,000 get a tax credit. Tesla reached its limit first so now wants to stop the incentives for all other manufacturers.
To make it fair, if the tax credit is removed Tesla should be required to pay back the ~ $1.5 Billion in tax credits they received.
They tried to do this with the IRA by requiring it to be a union workforce. Before the bill was finished that got reduced to an additional bonus for union labor shops, and then that got completely removed in I believe it was the senate?
Would it be fun if Harris won and gave subsidies to every other EV company but Tesla?
That’s actually a policy that existed long before Harris was Vice President.
To incentivize manufacturers to build EV’s, the first 200,000 get a tax credit. Tesla reached its limit first so now wants to stop the incentives for all other manufacturers.
To make it fair, if the tax credit is removed Tesla should be required to pay back the ~ $1.5 Billion in tax credits they received.
Also, incentives for union-made American products. Whoops, Elen and Tesla is anti-union. Seems to be the root of his hate for Biden.
They tried to do this with the IRA by requiring it to be a union workforce. Before the bill was finished that got reduced to an additional bonus for union labor shops, and then that got completely removed in I believe it was the senate?
The Inflation Reduction Act?
Irish Republican Army?
Individual Retirement Account?
Edit: Assume you mean the first one, just nkt sure what the “it” you mean is. Tesla? They wanted to require Tesla go fully union…?
Inflation reduction act.
Early on there was talks that the act was going to require OEMs to be union shops to get the benefits.
Then the bill was released and it was something like $4500 for everyone and and additional $3000 if your factory had union labor.
Then when it got to the senate or house, the union portion got removed and it was $7500 for everyone.