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Tax Related Topics 
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 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.
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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.
Energy Institute at HAAS
JUNE 21, 2022
Eliminate the tax now. While elsewhere in the country drivers express outrage at $5 gas, Californians are … Continue Reading A Gasoline Tax Compromise for California. Replace it with one that ratchets up when the price of oil falls.
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
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 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.
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
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.
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.
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.
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
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.
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.
Energy Institute at HAAS
FEBRUARY 14, 2022
Regular readers of this blog are well aware that the California Public Utilities Commission (CPUC) published a proposed decision on reforming net … Continue Reading Everyone Should Pay a “Solar Tax”. Monthly connection fees are good for the climate.
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.
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.
Electric Vehicles India
OCTOBER 21, 2021
Tesla requests PM Modi to cut import taxes on electric vehicles . Tesla Inc urged the Prime Minister’s Office to cut down the import taxes on electric vehicles before it enters the market.
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.
Green Car Reports
JUNE 23, 2022
Democratic senator Joe Manchin on Tuesday said a proposed $4,500 EV tax-credit bonus for union-made vehicles is now gone from the Senate's version of the Build Back Better Act, according to Automotive News (subscription required).
Electrek
JUNE 22, 2022
President Biden is preparing to propose a three-month gas tax suspension to Congress, but at this point, it’s only a Band-Aid on a big open wound. The post Biden to propose gas tax suspension – a Band-Aid on an open wound appeared first on Electrek.
Drive Electric
MAY 25, 2021
The UK government slashed electric company car tax, instantly making EVs much more attractive for businesses and employees. Here we take a look at what company car tax is, what’s changed, and how it compares between different types of cars. What is company car tax?
Teslarati
JUNE 22, 2022
US Senator Joe Manchin noted during an interview at the Capitol on Tuesday that the proposed and controversial $4,500 bonus tax credit for electric vehicles made with domestic union labor has effectively been scrapped.
Green Car Congress
FEBRUARY 10, 2022
In a study published in Nature Climate Change , an international research team reports finding limited evidence that individual or household rebates have increased public support for carbon taxes in Canada and Switzerland. Information was obtained using a five-wave panel survey that tracked public attitudes before, during and after implementation of Canada’s 2019 carbon tax and dividend policy and a large-scale survey of Swiss residents.
Green Car Reports
MAY 28, 2021
manufacturing infrastructure and help pivot to electric vehicles and clean energy, one outcome is looking increasingly likely: an expansion of the EV tax credit. As the Biden administration and Congressional Democrats push ahead on coordinated policy to strengthen U.S.
EV Adoption
NOVEMBER 26, 2021
For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit.
Green Car Reports
AUGUST 4, 2021
The federal EV tax credit has thus far only been available for new vehicles, but legislation introduced last week in both houses of Congress could change that.
Teslarati
JUNE 13, 2022
The CEOs of Ford, General Motors, Stellantis, and Toyota all urged Congress to eliminate the cap on the $7,500 electric vehicle tax credit as zero-emissions vehicles cost more to manufacture. The tax credit cap only has Tesla and GM buyers disqualified from receiving the credit.
Clean Car
SEPTEMBER 23, 2020
There have been some MAJOR changes to the company car tax treatment of battery electric vehicles (BEV) this year. Company car tax rates are designed to encourage company car drivers to choose cars with lower levels of CO2 and (from April 2018) NOx emissions.
Electrek
JUNE 22, 2022
Senator Joe Manchin, who has a swing vote in the US Senate, said that the Democrats have given up on the $4,500 electric car tax credit bonus for union-made EVs as part of the Build Back Better Act. It is still unclear what reform the EV tax credit will see in the spending bill, if any.
Green Energy Consumers
MARCH 10, 2022
Some politicians in Massachusetts and Rhode Island are calling on their state governments to reduce or eliminate the gas tax in response to rising prices since Russia invaded Ukraine a couple weeks ago.
Green Car Congress
OCTOBER 22, 2020
The purchase of an XC40 Recharge may qualify for a federal tax credit of up to $7,500. The Volvo XC40 Recharge, the company’s first fully electric vehicle, will carry an MSRP of $53,990 when it arrives in US showrooms later this year.
Green Car Reports
OCTOBER 29, 2021
A maximum $12,500 federal EV tax credit, including a bonus for union-made vehicles, appears to have survived the negotiation process and is now a likely part of the infrastructure bill.
EV Adoption
AUGUST 18, 2021
Arguably the biggest flaw in the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) regulations is the triggering of a phaseout schedule of the tax credit when a manufacturer sells 200,000 total EVs (BEV and PHEV).
InsideEVs
DECEMBER 13, 2021
With the proposed changes in Build Back Better, changes to the EV tax credit structure are imminent
Green Car Congress
SEPTEMBER 29, 2020
The California state legislature passed and the Governor signed into law a bill ( AB-2663 ) that lowers the Use Fuel Tax rate of dimethyl ether (DME) from $0.18 per gallon of DME-propane fuel blend used on or after 1 July 2021 (the same tax rate as propane, $0.06
Electrek
MAY 27, 2022
As sales of electric vehicles continue to surge, many new and prospective customers have questions about qualifying for federal tax credit on electric vehicles. The post Here’s every electric vehicle that currently qualifies for the US federal tax credit appeared first on Electrek.
EV Adoption
AUGUST 18, 2021
A key component of the CEAA is nine proposed changes to the Plug-In Electric Drive Vehicle Credit ( IRC 30D ) — more commonly known as the “federal EV tax credit.”. In essence, the difference becomes a tax refund instead of credit.
InsideEVs
JUNE 13, 2022
Currently, the $7,500 tax credit phases out after selling 200,000 plug-ins
Green Car Reports
AUGUST 13, 2021
Earlier this week the Senate voted to place price and household-income caps on the federal EV tax credit, as part of the $3.5 would eliminate tax credits for vehicles costing more than $40,000, and for households with more than
Green Car Reports
NOVEMBER 13, 2017
income-tax credit for purchase of an electric car took a new turn on Thursday. HR1, the draft Tax Cut and Jobs Act introduced in the House of Representatives, would end the credit as of December 31. Senate version of the tax-reform bill introduced late Thursday, however, retains the credit. Politics senate tax credit taxes plug-in carsThe battle over early termination of the U.S.
EV Adoption
SEPTEMBER 7, 2021
One of the biggest complaints about the federal electric vehicle (EV) tax credit (IRC 30D) is that its structure of using a non-refundable tax credit is clearly more beneficial to higher-income households. How the Current Tax Credit Works For EV Buyers.
Green Car Reports
NOVEMBER 22, 2021
And will the EV tax credit include that union-made bonus? The House version of the Build Back Better Act passed last week includes a tax. Automakers aren’t doing all they can to raise mpg, according to a new EPA report. Hybrids are hot for car thieves right now.
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