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

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 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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