The Open Fo­rum EV tax credit is bur­den for some

The Denver Post - - OPINION - Bill Jo­plin,

Elec­tric ve­hi­cles are now com­mon­place. Con­sumers have many choices from lower cost EV’s to high-dol­lar EV’s. Tax­pay­ers don’t have a choice though about hav­ing to pay up to $7,500 for ev­ery elec­tric ve­hi­cle sold. Sen. John Bar­rasso of Wy­oming has in­tro­duced a bill in the U.S. Se­nate (S.343) to amend the In­ter­nal Rev­enue Code and end the tax credit for new elec­tric ve­hi­cles. Elim­i­nat­ing this credit is long over­due. Colorado also adds up to $5,000 in EV re­bates. Why? Con­sid­er­ing that eight out of 10 EV cred­its go to house­holds earn­ing over $100,000; why are such sub­si­dies nec­es­sary?

The elec­tric ve­hi­cle mar­ket has al­ready been es­tab­lished. Do the many house­holds earn­ing less than $100,000 need to be bear­ing this tax bur­den? Elec­tric ve­hi­cles are also be­ing sub­si­dized by not hav­ing to pay fuel taxes for road main­te­nance. Colorado tax­pay­ers should ask our se­na­tors to sup­port Bar­rasso’s bill in Congress. Colorado should also re­peal its Elec­tric Ve­hi­cle re­bates in fair­ness to its cit­i­zens.

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