Clean Energy for America Act - Retroactive?

[TSLY]

Anyone know if this Bill will be retroactive if it passes?

 

[Piscado]

In principle it could be. But I don’t think it will pass or retroact

 

[acat]

In principle it could be. But I don’t think it will pass or retroact

There is another thread talking about it won’t retroact

 

[systemr]

So far no

 

[Piscado]

So far no
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Uncle Joe hates upper middle class. Always this income threshold for everything

 

[acat]

Is this bill passed?

 

[TSLY]

Is this bill passed?

No, not yet. Thanks all!

 

[Baluchi]

Uncle Joe hates upper middle class. Always this income threshold for everything

An adjusted income threshold of $400,000-$800,000 is pretty high, IMO, to be getting a tax credit on a car. I would consider those income ranges as lower-elite class...not really in the middle class category. I make a decent living myself, and I'm totally fine with not being eligible for the incentive. I'll take it if I'm eligible, but if not I'm happy to let that credit go to someone who otherwise maybe couldn't afford an EV.

 

[Piscado]

An adjusted income threshold of $400,000-$800,000 is pretty high, IMO, to be getting a tax credit on a car. I would consider those income ranges as lower-elite class...not really in the middle class category. I make a decent living myself, and I'm totally fine with not being eligible for the incentive. I'll take it if I'm eligible, but if not I'm happy to let that credit go to someone who otherwise maybe couldn't afford an EV.

I agree with you. The limit should be actually lower. And factor in car price maybe like income < 5x car price