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Right. Heard from NPR yesterday that it's expected Biden to sign this bill next year. So there is no way it be retroactive.

Of course she is interested in getting reelected. It's just she has her own calculation, which most people think it's wrong. But who knows.

You are looking at the Sep 27 version. Check the latest at rules committee website: https://rules.house.gov/bill/117/hr-5376

Yes. So is the number of low-income people who will benefit from a refundable tax credit and at the same time can and will spend money on new EVs. So it looks to me now more like a gesture move, to progressives.

Yes. They made the tax credit refundable. I guess to keep the cost down, the thresholds have been lowered accordingly.

Yes, that's my understanding.

The credit is phased out by $200 for each $1,000 of the taxpayer’s modified adjusted gross income as exceeds $500,000 for married filing jointly, $375,000 for head of household, and $250,000 in any other case. For a given taxable year, the taxpayer may use modified adjusted gross income for that...

MYLR Blue, Black interior, no tow, no FSD, Gemini wheels. Ordered Oct 17 Profile completed Oct 18 First EDD was April 2022 Current EDD is March 11-Apr 04