‘Expansion of the electric vehicle tax credit might make Elon Musk and Mary Barra happy, but it will not sit well with their constituents…’
(Kaylee McGhee, Liberty Headlines) The majority of Americans still disapprove of subsidies and federal tax credit for purchasers of electric vehicles, most of whom are extremely wealthy, according to a new survey.
The American Energy Alliance conducted a survey in several states and found that “voters don’t think they should pay for other people’s car purchases,” especially when those who purchase electric vehicles are “for the most, wealthy and/or from California.”
Currently, electric car and truck manufacturers are generously subsidized by the American taxpayer up to their first 200,000 electric vehicles produced.
According to a study conducted last year by the Pacific Research Institute, 78.7 percent of the EV tax credits went to households with an adjusted gross income of $100,000 or higher, and that more than half went to households with an AGI of $200,000 or higher.
The taxpayer handout is supposed to spur innovation and encourage companies to offer more energy-efficient options, according to Congress, but the majority of voters still disapprove of the plan.
“There is almost no willingness to pay for electric vehicle car purchases,” AEA wrote about the survey results. “When asked how much they would be willing to pay each year to support the purchase of electric vehicles by other consumers, the most popular answer in each state (usually more than two-thirds of respondents) was ‘nothing.’”
Thomas Pyle, president of AEA, said that the EV tax credits benefit the few at the expense of the many, and that government shouldn’t mandate what kind of vehicles individuals should purchase.
“Voters in key swing states understand that they shouldn’t be required to pay for someone else’s electric vehicle,” Pyle said in a statement.
“Senators and Representatives from the states where we conducted this survey should know that support for an expansion of the electric vehicle tax credit might make Elon Musk and Mary Barra happy,” he said, “but it will not sit well with their constituents.”