Quote:
Originally Posted by Irace86.2.0
Depends on the state. Federal is a tax credit.
https://electrek.co/2022/10/05/ev-ta...tric-vehicles/
Yes, someone could spend the tax money any way they want. It is not earmarked for anything. That fact doesn't really change the financial position. If anything, some might like the idea of buying a car and getting some cash for downpayment on a kitchen remodel.
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How much does one have to make to qualify for the full credit? And how does that compare to the average US wage?