It isn’t true that the new subsidies for buying electric vehicles will only benefit the rich. That’s because the point of the $7,500 tax credit is to speed the transition to clean energy. One other nice thing about electric vehicles: Zero tailpipe emissions. If bashing Democrats is the true motive behind all this whining about the EV tax credit, too bad. As policy initiatives go, this incentive to move Americans into electric vehicles is unusually well crafted.

Source: Fox News August 16, 2022 22:11 UTC