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re: Ford lost $40K on every EV it sold

Posted on 4/26/24 at 11:13 am to
Posted by billjamin
Houston
Member since Jun 2019
12498 posts
Posted on 4/26/24 at 11:13 am to
quote:

so tax credits on EV's are revenue neutral for the IRS?

Nope, they lose money and the tax credit holder gets to keep more of theirs.
Posted by MAROON
Houston
Member since Jul 2012
1781 posts
Posted on 4/26/24 at 11:16 am to
and the money paid to the dealership is funded how?
Posted by billjamin
Houston
Member since Jun 2019
12498 posts
Posted on 4/26/24 at 11:18 am to
quote:

and the money paid to the dealership is funded how?

From the dealer's tax burden.

There is no direct pay. It does not exist. I think the wording in that article is throwing you off.
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