Welcome to Tesla Motors Club
Discuss Tesla's Model S, Model 3, Model X, Model Y, Cybertruck, Roadster and More.
Register

Petition to remove the 200,000 US sales cap for the $7,500 EV Tax Credit

This site may earn commission on affiliate links.
Hey guys,

I saw this on the Official Tesla Motors Forums

It is a petition to have the US Government remove the 200,000 US Sales Cap for the $7,500 EV Tax Credit.

It needs a lot of signatures, please sign and spread around!


Remove the 200,000 car cap set per company on the EV tax credit IRC 30D | We the People: Your Voice in Our Government



Signed it. They could have used an editor though, if you're trying to do "serious adult" things, what you write should sound like it came from a serious adult..... :rolleyes:
 
  • Helpful
Reactions: Kurt Foster
I'd rather not bring attention to this. With the dominant political party in power, incentives are more likely to go away if any light is shined upon what's showing up now. Just look at what happened in Georgia, or what's trying to happen in Indiana right now (or list the countless other states who only banned Tesla from selling, after they began selling)
 
Last edited:
  • Like
Reactions: dhrivnak
No.
1) I'm not American so I don't count
2) The coming generation seems to be moving in the right direction, with better specs in the mid $30s, that could sell at a reasonable profit, instead of the first generation's heavily discounted mediocrity. I'm even curious as to what Toyota's Gen 4 Prius Plug-in will be like.
3) The real problem with the current rules is that the phase-out was set too late and too fast. EV component prices are falling, so extending the subsidy would be as bad a move as the solar ITC extension.
 
I don't agree with increasing the 200,000 limit. The 200,000 worth of $7,500 rebates was to encourage the public to buy EV from a specific manufacturer allowing the manufacture to get into the EV business. Once they get to 200,000 the manufacture should be able to make it on their own and not need incentives for people to buy their cars. Tesla is going to be selling cars at $35,000. This should be incentive enough to buy their cars.

Who do you think pays for the $7,500? You and I directly through our taxes. If the limit was taken off Toyota, Honda, Tesla and others would be subsidized producing millions of cars. This would require an increase in our taxes. I want to pay less in taxes not more.
 
  • Like
Reactions: dhrivnak
Backwards thinking.

Last I checked, nobody "pays" me for any of my tax deductions or credits.

First it is not like an itemized deduction it is not a deduction at all, it is a tax Reduction. Where do you think the reduction comes from? Since you are getting a $7500 reduction in what you have to pay in taxes , money you normally would be paying to the government it has to be made up from somewhere. It means someone has to pay more to make up the difference. It is just like the government handing you $7,500. If you start handing $7500 to a million of people the money has to come from somewhere and the only place it can come from is through Federal Taxes.

- - - Updated - - -

I don't believe in Socialism not to be confused with Socalsam.
 
  • Like
Reactions: dhrivnak
First it is not like an itemized deduction it is not a deduction at all, it is a tax Reduction. Where do you think the reduction comes from? Since you are getting a $7500 reduction in what you have to pay in taxes , money you normally would be paying to the government it has to be made up from somewhere.

Hahahahaha. If this were true we wouldn't be trillions of dollars in debt.