Free Market Coalition Urges Congress: Don’t Extend the Electric Vehicle Tax Credit

WASHINGTON – In light of recent conversations in Washington surrounding the electric vehicle tax credit, this afternoon, a coalition of 28 free market policy groups, led by the American Energy Alliance, sent a letter to House and Senate leaders objecting to any expansion of the federal electric vehicle tax credit.

The letter encourages Republican congressional leaders to reject attempts by the EV lobby and their allies in Congress to slip a tax credit cap increase into upcoming legislative and extender packages.

American Energy Alliance President Thomas Pyle made the following statement:

“The electric vehicle tax credit was signed into law under the condition that it would be temporary and that it would only apply to the first 200,000 vehicles sold per manufacturer. The authors’ intension behind the law was to reduce the country’s dependence on foreign oil. The tax credit is no longer needed as America now leads the world in energy production. The time has come for the tax credit to end. Under no circumstances should the cap be lifted in this lame-duck session of Congress. We shouldn’t be giving handouts to wealthy individuals to offset the costs of their luxury vehicles.”

The letter was signed by the following organizations who share AEA’s objection to taxpayers footing the bill for another massive government handout:

American Energy Alliance | American Commitment | American Conservative Union | American Consumer Institute | Americans for Limited Government | Americans for Prosperity | Americans for Tax Reform | Caesar Rodney Institute | Center for Freedom and Prosperity | Civitas Institute | Competitive Enterprise Institute | Consumers Action for a Strong Economy | Council for Citizens Against Government Waste | E&E Legal Institute | Freedom Foundation for Minnesota | FreedomWorks | Frontiers of Freedom | Georgia Public Policy Foundation | Heartland Institute | Heritage Action | Hispanic Leadership Fund | Independence Institute | Less Government | Mississippi Center for Public Policy | National Black Chamber of Commerce | National Tax-Limitation Committee | Rio Grande Foundation| Taxpayers Protection Alliance

The letter sent to U.S. House leaders can be read here. The letter sent to U.S. Senate leaders can be read here.

For more on electric vehicles, click here, here, and here.

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