You Vote: Are you more willing to buy an electric vehicle because of the $7,500 EV tax credit?

Biden, Democrats pushing consumers to buy EVs as part of green energy agenda.

Published: July 12, 2022 12:12pm

Updated: July 12, 2022 12:25pm

The current $7,500 federal electric vehicle tax credit applies to the purchase of select fully electric vehicles (EVs) and plug-in hybrids — including some high-priced luxury vehicles such as the 2022 Bentley Bentayga plug-in hybrid, according to a new Just the News report.

Democrats in Congress sought to expand the tax credit to $12,500 for union-made vehicles as part of President Biden's Build Back Better Act, a massive climate and social spending bill that failed to pass the Senate.

Biden and Democrats have been trying to get consumers to buy electric vehicles as part of their green agenda to transition away from fossil fuels to renewable energy. However, EVs on average cost more than traditional, non-electric vehicles, presenting a problem for consumers — hence the tax credits.

But has the $7,500 tax credit caused you to consider buying your own EV? Here's your chance to weigh in:

Does the current $7,500 federal electric vehicle tax credit make you more willing than you otherwise would be to seriously consider buying your own EV?

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