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Tesla EV Tax Credits coming back?
- Thread starter hnguy054
- Start date
Seems BBB is dead.
www.yahoo.com
Joe Manchin Finally Spikes His $1.8 Trillion Build Back Better Compromise: Washington Post
West Virginia Democratic Sen. Joe Manchin may have put the final nail in the coffin on President Joe Biden’s social spending plan. The Washington Post reports Manchin has taken his $1.8 trillion compromise proposal off the table. The WaPo cited three unnamed sources in its report. Manchin...
CarlThompson
Member
Seems BBB is dead.
Joe Manchin Finally Spikes His $1.8 Trillion Build Back Better Compromise: Washington Post
West Virginia Democratic Sen. Joe Manchin may have put the final nail in the coffin on President Joe Biden’s social spending plan. The Washington Post reports Manchin has taken his $1.8 trillion compromise proposal off the table. The WaPo cited three unnamed sources in its report. Manchin...
Perhaps but the climate change provisions containing the EV credits don't need to be passed as part of BBB. And just a couple of days ago Manchin suggested that he was on board with passing that part.
Based on what he's said Manchin seems like he's amenable to passing a bill which would have the EV tax credits even though it wouldn't be BBB.
ElectricIAC
Good-Natured Rascal
doomsday997
Member
Ok show me any quotes or data you have that show that a stand-alone EV tax bill would get GOP support?
doomsday997
Member
Very unlikely as they would have to pass just the climate part as their reconciliation (which they can only do once) and even that part would be watered down and they would have to abandon everything else. Outside of reconciliation it would have zero chance of passing the senate. I think the bottom line is if you want a Tesla buy it before the price goes up even more, chances for any sort or break (especially for teslas) are now in slim to none territory any time soon.
CarlThompson
Member
Not true. There was a parliamentarian ruling last year which said that a reconciliation bill can be amended after the fact to include new items and the amendment would also follow the reconciliation process. So essentially they can pass one reconciliation bill and add more to it via the amendment process as many times as they like and those amendments would also follow the reconciliation process.
ElectricIAC
Good-Natured Rascal
I feel like it stands a better chance than a moving truck full of green wishes.
doomsday997
Member
Nope. She made another ruling after that clarifying and pouring cold water on that plan. They essentially have only one shot and thats it.
Democrats' reconciliation strategy dealt blow by Senate parliamentarian
Senate rules referee says special procedure to pass multiple filibuster-proof bills should be reserved for ‘extraordinary circumstances.’
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ElectricIAC
Good-Natured Rascal
What are the chances of being able to claim the $7500 tax credit on a Tesla this new year?
Does everyone think we will get tax credits with the build back better plan?. Specifically the cybertruck?.
I think the Build Back Better plan is dead.
I am reading the climate part of the plan will more then likely get pushed forward. It will pass in “chunks”.
doomsday997
Member
All that talk is super preliminary. Who knows what can even pass at this point and if Tesla vehicles will even qualify.
I think an EV tax credit is unlikely while Ford still has credits coming in and GM is shipping vehicles which don’t qualify for the incentive.
Maybe they’ll revisit it next year when Ford runs out of credits and GM needs a way to deliver a $30,000 EV they promised.
dazedNconfuzed
Member
This Administration & Congress seems very pro-union in the EV space, to the point of excluding/ignoring any business that doesn't have an active union. As such, expect Tesla will not benefit from climate legislation for non-climate reasons.
There is every indication that Tesla will benefit greatly if an EV incentive does pass. Maybe not as much on a per vehicle basis, but they will absolutely make it up in volume.
Obviously things can change, but we’ve seen there are enough parties willing to block the measure if it gets too ridiculous.
If the proposal is signed into law soon, do you think it will apply to all 2022 tax year EV purchases? 
www.cnn.com
Manchin and Schumer announce deal for energy and health care bill
Senate Majority Leader Chuck Schumer and Sen. Joe Manchin on Wednesday announced a deal on an energy and health care bill, representing a breakthrough after more than a year of negotiations that have collapsed time and again.
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