Robin Hood in Reverse: Democrats Plan $12,500 Tax Credits for Pricey Electric Car Purchases

House Republicans are arguing against a Democratic proposal to increase the $7,500 taxpayer-funded credit for electric car purchases to as much as $12,500, arguing that it would disproportionately help wealthy Americans who can afford to buy pricey electric vehicles.

Democrats on the House Ways and Means Committee have proposed increasing the credit as part of their party’s filibuster-proof $3.5 trillion budget reconciliation bill, which includes new social programs and billions for electric vehicle infrastructure.

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Governor Bill Lee Proposes Zero Growth Budget to Weather Coronavirus Pandemic

Governor Bill Lee’s proposed amendment to the budget for the 2020-2021 fiscal year resorts to zero growth, in order to weather the impact of the coronavirus pandemic.

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