Toyota, Honda oppose U.S. House electric vehicle tax plan:
Toyota Motor Corp (7203.T) and Honda Motor Co (7267.T) on Saturday sharply criticized a proposal by Democrats in the U.S. House of Representatives to give union-made electric vehicles in the United States an additional $4,500 tax incentive.
Toyota said in a statement that the plan unveiled late Friday discriminates "against American autoworkers based on their choice not to unionize."
The bill, set to be voted on Tuesday by the Democratic-led House Ways and Means Committee as part of a proposed $3.5 trillion spending bill, would benefit Detroit's Big Three automakers, which have union-represented auto plants. read more
The proposal, estimated to cost $33 billion to $34 billion over 10 years, would boost to up to $12,500 the maximum tax credit for electric vehicles, up from the current $7,500. The $12,500 figure includes a $500 credit for using U.S.-produced batteries.
(Score: -1, Troll) by Anonymous Coward on Monday September 13 2021, @11:46PM (3 children)
money for my homies! screw the others! command economy!
(Score: 2, Touché) by fustakrakich on Monday September 13 2021, @11:55PM (1 child)
:-) Well, if democrat homies are American, who are the republican homies?
La politica e i criminali sono la stessa cosa..
(Score: 0) by Anonymous Coward on Tuesday September 14 2021, @01:28AM
No matter who, all the cars are made (or at least assembled) here.
(Score: 0) by Anonymous Coward on Tuesday September 14 2021, @11:43AM
They're just "owning the dips."