Winners and losers

Colorado Springs CO

Description

When the government pics unions over free market there is consequences. Japanese automakers Honda and Toyota have criticized a proposal that would give an added $4,500 in tax credits to electric vehicles that are union-made in the United States, Reuters reported. Most electric vehicles would be given a $7,500 tax credit, however that rebate would jump to $12,500 per car if the cars were union-made under the Democratic proposal. The incentive was introduced on Friday as part of the $3.5 trillion reconciliation spending package. By 2030, President Biden aims to have electric vehicles make up at least half of the country’s car sales, according to Reuters. Equity, equality or free market? Everybody knows that is a money laundering to Democrats for union dues / money.