The IRS has opened a can of worms whose lid was already struggling to stay closed. The U.S. department responsible for taxation has published a listqualify for tax credits under the terms of last year’s Inflation Act, and several big names have been shocked to find their cars don’t qualify.
But we felt the story raised some wider issues that merited their own separate post. One of those is that this whole debacle has reminded us how blurred the boundaries now are between vehicle types. Fifty years ago things were very simple. Cars were low and had two or four doors and SUVs were tall, agricultural beasts built for people who genuinely needed off-road ability, and even a visually impaired mole wouldn’t struggle to tell the two apart.
, which as their name suggests, were intended to bridge the gap between the two. Almost every week atwe wrestle with labels for the new cars we’re writing about. Is this a car or a crossover? Is this a crossover or an SUV?The reality is that in almost every case they are just cars. The Audi Q4-etron, theiX, the Cadillac Lyriq, the Ford Mustang Mach-E, the Tesla Model Y and dozens of others like them are just cars.
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: WSJ - 🏆 98. / 63 Read more »