Electric-Car Tax Credits Are Popular — And Congress Can’t Decide Whether To Expand Or Abolish Them
Washington Examiner cited CEI’s Center for Energy and Environment Director Myron Ebell on electric-car tax credit.
“The people who buy these vehicles are wealthy people,” said Myron Ebell, director of the Center for Energy and Environment at the Competitive Enterprise Institute. “It’s not their primary car — it’s an extra car … If you could only afford one car, you wouldn’t want to depend on an electric vehicle.”
The Competitive Enterprise Institute recently joined groups including the American Energy Alliance and Americans for Tax Reform in sending a letter to Ways and Means chairman Rep. Kevin Brady, R-Texas, opposing any expansion of the tax credit.
“With no cap, however, the liability to taxpayers is almost unlimited,” the groups wrote to Brady in September. “At a time of ballooning deficits, Congress should not be piling billions more in future liabilities on our children.”
American Energy Alliance, along with groups including the Competitive Enterprise Institute, sent a letter to lawmakers last week outlining their position on the tax credit, as did the EV Drive Coalition.
Francis didn’t list specific actions that the coalition plans to take before the end of the year, but said the group is “laser focused on some of the proposals in Congress” and finding a legislative solution.