California Governor Gavin Newsom (D-Calif.) has threatened to take action in the event that the incoming second Trump Administration cancels the Biden-Harris Administration’s tax credits […]
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California Governor Gavin Newsom (D-Calif.) has threatened to take action in the event that the incoming second Trump Administration cancels the Biden-Harris Administration’s tax credits for electric vehicles (EVs).
As Fox News reports, Biden had enacted a tax credit of up to $7,500 to incentivize purchases of so-called “green” vehicles, as part of his broader agenda of combatting alleged “global warming.” But President-elect Trump has vowed to cancel these tax credits, among many other unpopular and fiscally wasteful “green” policies, upon retaking office.
