The Inflation Reduction Act has paved the way for a significant boost to the electric vehicle industry, with the US Department of Treasury reporting that over $1 billion in EV tax credits have been issued to buyers at the point of sale so far in 2024. Under the Act's provisions, used EV purchases are eligible for a tax credit of $4,000, while new EV buyers can benefit from a tax credit of up to $7,500.
We've gotten past the early adoption phase and we will see what the next implemented strategy is to get more buyers into the market.Nicolle Wallace Flags A ‘Slow-Moving Scandal’ Involving Donald Trump And Fox NewsCapital Gains Tax Hike a Start But Canada Needs More Revenue, IMF Says It turns out these judges - all appointed by Republican former President Donald Trump - got the history wrong, the U.S. Supreme Court decided on May 16 in a 7-2 decision authored by conservative Justice Clarence Thomas, saving the Consumer Financial Protection Bureau from an existential threat. It was one of several far-reaching decisions by the 5th U.S.
Reps. Alexandria Ocasio-Cortez and Jamie Raskin on Tuesday said they will be introducing legislation in response to the increased ethics concerns related to the Supreme Court. Ocasio-Cortez and Raskin, who serve as the ranking and vice-ranking members, respectively, on the House Oversight Committee, were part of a committee roundtable Tuesday regarding these concerns.