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Toyota, Honda Oppose U.S. House Electric Vehicle Tax Plan

posted by janrinok on Monday September 13 2021, @11:43PM   Printer-friendly

upstart writes:

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.

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  • (Score: 2) by stretch611 on Tuesday September 14 2021, @01:02AM (4 children)

    by stretch611 (6199) on Tuesday September 14 2021, @01:02AM (#1177561)

    I would expect to hear from Elon Musk about a tax break like this.

    iirc, Tesla does not use union labor and he likely is not too happy to be excluded either.

    --
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  • (Score: 0) by Anonymous Coward on Tuesday September 14 2021, @05:35AM

    by Anonymous Coward on Tuesday September 14 2021, @05:35AM (#1177618)

    His Martian kingdom won't be subject to American labor laws.

  • (Score: 0) by Anonymous Coward on Tuesday September 14 2021, @11:46AM

    by Anonymous Coward on Tuesday September 14 2021, @11:46AM (#1177661)

    Indeed, I hang on his every word too, my Lord and Savior. Though he's probably busy working on the draft of his cryptocurrency tweets: is he buying or selling right now? I guess we'll have to wait and see!

    I wonder what brand of toilet paper he uses, 'cause I want to buy a pallet of that too.

  • (Score: 2) by DeathMonkey on Tuesday September 14 2021, @03:29PM

    by DeathMonkey (1380) on Tuesday September 14 2021, @03:29PM (#1177724) Journal

    I think we're all just sick of hearing Musk's dopey thoughts on anything!

    But as you predicted, he's opposed. [businessinsider.com]

  • (Score: 2) by TheGratefulNet on Wednesday September 15 2021, @12:58AM

    by TheGratefulNet (659) on Wednesday September 15 2021, @12:58AM (#1177914)

    I can think of at least one way he could fix it.

    but he's a spherical bastard; a bastard any way you look at him. he wont do what's right for the employees. he's an awful person when it comes right down to it (his vision be damned; he's just another rich asshole, nothing more)

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