Showing posts with label Tax Benefits for the Rich. Show all posts
Showing posts with label Tax Benefits for the Rich. Show all posts

Friday, October 21, 2022

$7,500 electric vehicle tax credit: Its full value may be hard to get -- another Biden gret deal for the rich

$7,500 electric vehicle tax credit: Its full value may be hard to get

Snippet of Article: "...consumers can only get the full financial benefit if they have a federal tax liability of at least $7,500. A nonrefundable credit offsets a consumer’s federal tax bill but any leftover value is lost. ...High-income consumers would generally be most likely to benefit from the full credit value..."

Source: www.cnbc.com

Sham Tax Credits, Green Economy, Tax Benefits for the Rich, Biden Legacy,