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Tax Related Topics 
Green Car Congress
SEPTEMBER 29, 2022
A tax on frequent flying could generate revenues needed to deeply decarbonize aviation through midcentury while concentrating the cost burden on those who fly the most, according to a new study from the International Council on Clean Transportation.
Green Car Reports
SEPTEMBER 22, 2022
Californians will vote later this year on whether to tax the wealthy to fund EV incentives and charging infrastructure. Proposition 30 would increase taxes on California residents who make over $2 million a year by 1.75% and direct the state to use that added revenue—estimated at $3.5
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Clean Fleet Report
SEPTEMBER 2, 2022
One of the most intriguing of these changes for car buyers is a revamped electric vehicle (EV) tax credit. How Much Can You Get from the EV Tax Credit? The new EV tax credit, like the one that preceded it, offers up to $7,500 for electric passenger cars and light trucks.
The Driven EV News
JULY 28, 2022
The implementation of Victoria's "EV tax" has been a complete disaster, with multiple and idiotic debt notices issued - just like Robodebt. The post The Victoria electric vehicle road tax is emerging as a new Robodebt fiasco appeared first on The Driven.
Green Car Congress
JULY 9, 2022
A study by a team from the George Washington University finds that not all financial incentives are created equal in the eyes of prospective car buyers, and the current federal incentive—a tax credit—is, in fact, valued the least by car buyers. The study also found that whereas time-delayed incentives like federal tax credits favor wealthier buyers, immediate incentives like direct rebates were strongly preferred by used car buyers and buyers with lower incomes.
Green Car Congress
AUGUST 8, 2022
The US Senate has passed the Inflation Reduction Act, with nearly $400 billion in funding over 10 years for climate- and energy-related programs; among the myriad provisions in the 755-page bill are changes to the electric vehicle Federal tax credit of $7,500. Many of our reservation holders are looking forward to the tax advantages of purchasing an electric vehicle.
Electric Driver
SEPTEMBER 3, 2022
You may be wondering what is an electric car federal tax credit. The US government provides people incentives to switch from gas to electric cars and will give you up to a $7,500 tax credit to make the change.
Green Car Congress
AUGUST 14, 2022
Among the many provisions of the bill is the revamping of the federal EV tax credit to require, among many other things, an MSRP of less than $55,000 for cars and $80,000 for SUVs and trucks. Once the bill becomes law, the Lucid Air—with an MSRP of $87,400—will no longer qualify for this federal tax credit. On Friday, the House of Representatives passed the Inflation Reduction Act; President Biden is expected to sign it into law this coming week.
Green Car Congress
MAY 6, 2022
The social cost of carbon has become the standard measure to benchmark the magnitude of the carbon taxes needed to implement optimal carbon policy. carbon taxes of the magnitude needed to achieve the Paris Agreement goals involve very large inter-temporal transfers.
Green Car Congress
JUNE 13, 2021
The Connecticut General Assembly has passed HB 6688 , a bill that imposes a highway use tax (HUT) on every carrier for operating, or causing to be operated, certain heavy, multi-unit motor vehicles (Class 8-13) on any highway (i.e., The bill establishes per-mile tax rates that increase based on vehicle gross weight, ranging from $0.025 per mile for vehicles weighing 26,000-28,000 lbs to $0.175 cents per mile for vehicles weighing more than 80,000 lbs.
EV Obssesion
MAY 3, 2021
Recently, there was a bill proposed to increase gasoline taxes and tax EV owners $400 per year to own an EV in the state. The post Is Louisiana Planning To Charge EV Owners $400/Y While Rejecting Increased Gas Taxes? Louisiana is well known for having severely bad roads.
Green Car Reports
AUGUST 16, 2022
With President Biden signing the Inflation Reduction Act on Tuesday, time is nearly up to get your purchase paperwork completed for a new EV or plug-in hybrid and still earn the federal tax credit.
Green Car Congress
AUGUST 9, 2022
The Inflation Reduction Act , which the Senate passed last week, revamps the electric vehicle Federal tax credit of $7,500 ( earlier post ). Among the changes are an extension of the tax credit through 2032, the removal of the unit-sales cap of 200,000 per OEM, and a new mandate for qualified cars being assembled in North America.
Green Car Reports
SEPTEMBER 22, 2022
And should we tax the rich to pay for EV infrastructure? Californians will get to vote later this year on a ballot measure that would increase taxes on those making over $2 million a year, directing that revenue toward. Volvo announces the EX90 electric SUV.
Electrek
AUGUST 7, 2022
The Senate has voted to pass the Inflation Reduction Act, which includes nearly $400 billion over 10 years in funding for climate and energy related programs, and an extension and improvement of the US electric car tax credit.
DIY Electric Car
MARCH 22, 2021
Any chance anyone knows whether there is any kind of tax benefit you can get from an EV conversion? Hi all, new member here and trying to figure out my budget. Thanks! New Member Introductions
CN EV Post
SEPTEMBER 26, 2022
Three Chinese government departments announced in a joint statement that NEVs purchased between January 1, 2023 and December 31, 2023 will be exempt from purchase taxes. The post China extends NEV purchase tax exemption until end of 2023 in official announcement appeared first on CnEVPost.
EV Adoption
JULY 4, 2022
As sales of electric vehicles begin to reach significant numbers across the US, states are exploring approaches to replace lost tax revenue since EV drivers don’t pay fuel taxes as drivers of gas-powered cars do at gas stations. Declining Fuel-Tax Revenues: Beyond Electric Vehicles.
Sema Connect
SEPTEMBER 29, 2022
The post Limited Time Only: The Federal EV Charging Tax Credit appeared first on SemaConnect.
Energy Institute at HAAS
FEBRUARY 28, 2022
You may have heard the growing talk in Washington DC and state capitals of temporarily suspending federal and … Continue Reading Cut the Electricity Tax, not the Gas Tax. A more effective way to help struggling families, without undermining climate goals.
Electrek
OCTOBER 3, 2022
Georgia Senator Reverend Warnock introduced a new bill that would expand which electric vehicles qualify for a tax credit through the Inflation Reduction Act.
Green Car Reports
MARCH 7, 2021
The gas tax remains one of the main funding sources for road infrastructure, which has led to cries that electric-car drivers aren't paying their fare share of road maintenance costs. A new bill circulating through the Minnesota legislature calls for an "electric fuel" tax for EVs.
The Truth About Cars
MAY 27, 2021
Changes include raising the federal EV tax rebate ceiling to $12,500 and opening the door for automakers who already exhausted their production quotas. The post Senate Finance Committee Approves $12,500 EV Tax Credit Bill appeared first on The Truth About Cars.
Energy Institute at HAAS
APRIL 18, 2022
What is the right carbon tax? Under consideration were the $400 proposed rebate for each car … Continue Reading Tax Me Baby One More Time I contemplated a number of doom and gloom topics for my post this week.
Green Car Congress
MARCH 21, 2022
On Friday, Maryland Governor Larry Hogan signed emergency bipartisan legislation ( SB1010 / HB1486 ) to suspend immediately the state of Maryland’s gasoline and diesel tax for 30 days. cents per gallon tax for gasoline, and the 36.85 cents per gallon tax for diesel fuel. The governor has submitted a supplemental budget to fund the gas tax suspension, which is expected to cost nearly $100 million.
Green Car Reports
JULY 12, 2022
Purchase incentives are an important tool for increasing EV adoption, but the current federal tax credit may not be the most effective, according to a new George Washington University study.
Baua Electric
OCTOBER 3, 2022
Rivian has misplaced some tax breaks related to a $5 billion car plant the corporate plans to construct close to Atlanta, Georgia. The important thing subject offers with property taxes. The post Rivian loses Georgia tax breaks for second plant appeared first on Bauaelectric Auto News.
Green Car Reports
AUGUST 7, 2022
Price caps included with a proposed revamped federal EV tax credit could put pressure on automakers to produce more affordable electric models, argues a new Bloomberg report.
Green Car Reports
JUNE 24, 2022
President Biden on Wednesday asked Congress for a three-month federal gas-tax holiday. If Congress approves the tax holiday, current federal fuel taxes of 24 cents per gallon for gasoline and 18 cents per gallon for
The Truth About Cars
DECEMBER 7, 2021
Elon Musk has continued bashing the Biden administration’s tax credit legislation designed to spur electric vehicle adoption, this time suggesting that the entire bill be scrapped.
Green Car Reports
AUGUST 12, 2022
Could the EV tax credit reboot break WTO rules? And not even industry insiders can verify the EV tax credit is coming back before the end of the year, so buy now. electric vehicle tax. Ralph Nader calls out Tesla Full Self-Driving. Electrify America adds chargers at IKEA.
Green Car Congress
JUNE 23, 2022
President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. State gas taxes average another 30 cents per gallon.
Electrek
OCTOBER 4, 2021
The province of Saskatchewan in Canada has joined a growing number of regions around the world in levying punitive taxes against electric cars while letting gas cars continue to get away with murder.
EV Club of CT
AUGUST 19, 2022
Post by Barry Kresch Tax Credit for Purchase and Installation of an EV Charger The recently passed Inflation Reduction Act has amended US Code 26, Section 30C to reinstate a tax credit for the purchase.
EV Adoption
AUGUST 4, 2022
Additionally, the IRA could actually receive enough votes to pass, but not without potentially several significant changes — including to some of the EV tax credit requirements. By my initial analysis, those two provisions would disqualify roughly 70% of all EVs from the tax credit.
Green Car Reports
AUGUST 23, 2022
New federal EV tax credit rules requiring greater domestic content could accelerate Hyundai's timeline for building electric cars in the United States, according to a recent Reuters report.
Energy Institute at HAAS
JANUARY 24, 2022
And the problem with swinging for the fences … Continue Reading Fighting Climate Change With Tax Credits. Can we get more carbon mileage out of politically passable climate policy? Build Back Better (BBB) prospects are not looking so good.
Teslarati
SEPTEMBER 9, 2022
California Proposition 30 will allow residents to vote on a tax increase on those who make over $2 million annually to fund EV incentives and charging infrastructure. And if passed, the taxes rate on $2 million annual earners would increase from 13.3%
Green Car Reports
JUNE 14, 2022
Although an attempted expansion of the federal EV tax credit has failed—multiple times, in recent years—in a renewed effort, automakers are asking Congress to please try again.
Baua Electric
SEPTEMBER 22, 2022
legislation offering tax breaks for electrical automobiles, threatening unspecified motion if wanted to guard its pursuits from a legislation it. EV tax breaks ‘discriminatory’ appeared first on Bauaelectric Auto News. China joined within the criticism of the brand new U.S.
Green Car Reports
JULY 29, 2022
Congress appears close to passing a long-awaited extension—and expansion—of the federal EV tax credit.
Electric Vehicles India
MAY 31, 2021
Nepal new budget: removes tax hikes on EVs, waives renewal & road tax for 5 years. Exemption of renewal and road taxes for five years if an existing petroleum vehicle switches to battery power.
Green Car Congress
DECEMBER 3, 2019
The Federal tax on gasoline is 18.4 cents per gallon, and each state has a gasoline tax, ranging from 8.95 Since taxes are charged on a per-gallon basis, someone with a more efficient vehicle will pay less in taxes over the course of a year.
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