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EV Tax Credit Saved.....

EV Tax Credit Saved.....

For now it looks like the tax bill won’t pass with the EV credits cut
https://electrek.co/2017/11/09/electric-vehicle-tax-credit-preserved-in-...

dsvick | 9 novembre 2017

That's the senate version, the house version still has it going away. But still nice to see at least one chamber kept it. At this point I'd be very surprised if anything gets passed this year ...

Haggy | 9 novembre 2017

The Senate one is what we really need to care about the Senate is much closer to evenly split. If something can't pass the Senate, it won't become law, and the Senate isn't going to compromise because they can't afford to lose more than two Republican votes. The House can't do anything on its own but can agree to pass something like the Senate version.

Yodrak. | 10 novembre 2017

"The Senate one is what we really need to care about the Senate is much closer to evenly split. If something can't pass the Senate, it won't become law, and the Senate isn't going to compromise because they can't afford to lose more than two Republican votes."

That's one way to look at it, and I hope you're right, but another view is that the EV tax credit may be an easy give away to achieve compromise between the House and Senate versions. It doesn't have as strong a constituency as some of the other issues, not a big deal to most.

LostInTx | 10 novembre 2017

Common sense prevails. Who'duh thunk it?

Haggy | 10 novembre 2017

If you are a Senator from Nevada, saving a credit in a state where a major manufacturer could benefit from that credit looks good. Republicans as a whole would rather do something to boost that person's reelection chances with little downside than to worry about getting rid of the credit. Merely leaving it out in the first place shows "they tried," which would not be the case if they simply left it in. Republican voters as a whole won't be up in arms that they ended up leaving something that was there all along. In absolute terms, leaving it in is as bad as adding it if it hadn't been there in terms of future tax dollars, but that's not how voter perception works. Since it was already there, they tried to get rid of it, but didn't manage to do so this time around because they couldn't get the votes won't make anybody look bad. It's also worth keeping it in place so it remains as a potential wedge in the future.