Electric cars have been around for more than 100 years but now the federal government �incentivizes� them, as politicians like to say. Electric vehicles (EVs) purchased in 2010 or after may be eligible for a federal income tax credit of up to $7,500. (The credit amount varies based on the capacity of the battery.)…
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Margo Thorning writes in the Wall Street Journal, “Pull the Plug on Electric Car Subsidies: They are costly and don’t do enough to protect the environment,” that the flow of taxpayer money into subsidizing plug-in electric vehicles (PEVs) is economically and environmentally harmful, a waste, and should be ended now. There are a lot…
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