BIDENS EV TAX SCAM

Written by on August 17, 2022

BIDEN’S EV TAX SCAM

 

Shared By Peter Boykin – American Political Commentator / Citizen Journalist

BIDEN’S EV TAX SCAM

 

#GoRightNews #GoRight with #PeterBoykin GoRightNews.com

 

A major provision in the $740 billion dollar spending scam designed as the “Inflation Reduction Act” has already backfired, before Joe Biden has even signed the bill into law.

 

The hand-out: The Democrat spending bill allocates $369 billion to combat “the existential crisis of climate change.” Part of that comes as $7,500 tax credits for anyone who buys an electric vehicle (EV).

 

The take-back: Yesterday two of the biggest automakers in America, Ford and GM, announced they will be raising the price of their EVs by at least $6,000. Basically negating the tax credit. What a coincidence!

 

Ford’s F-13 Lightning Pro, for example, will go from $39,947 to $46,974

 

Get the full story at The Daily Wire.

https://www.dailywire.com/news/bidens-inflation-bill-made-7500-electric-vehicle-tax-credits-ford-and-gm-just-raised-their-prices-by-the-same-amount

 

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