The $7,500 EV tax credit is gone, but each gas car still gets $20k+ in subsidies
The $7,500 US federal EV tax credit is no more, having expired yesterday, a deadline which was set when republicans voted to reverse climate progress and channel trillions of dollars from everyday Americans to wealthy elites.
However, that’s not the end of subsidies for the American auto industry, as most gas cars continue to benefit from over $20k in subsidy for each vehicle over the course of their lifetime.
