2020 Trump budget would pull plug on electric vehicle tax credit

By feedback@highgearmedia.com (Eric C. Evarts) In his budget aimed at cutting $126 billion or 5 percent from non-defense federal spending, President Trump proposes to eliminate the plug-in vehicle tax credit that gives electric-car buyers up to $7,500 back on their federal taxes. Trump economic adviser Larry Kudlow says he expects ending the tax credit to …read more

Source:: https://www.greencarreports.com/news/1122022_2020-trump-budget-would-pull-plug-on-electric-vehicle-tax-credit