AEA Launches Initiative to Stop Special Interest Tax Giveaways
GOP Senators Should Reject Effort to Give Tax Breaks to Big Companies and Wealthy Coastal Elites
WASHINGTON DC (March 5, 2020) – The American Energy Alliance (AEA) turned their attention to the United States Senate today via an online advocacy campaign. In a series of digital ads, AEA called on all senators to block proposed amendments to the American Energy Innovation Act that would expand the unnecessary, inefficient, costly and unfair electric vehicle (EV) tax credit.:
Thomas Pyle, AEA President issued the following statement
“Some Senate Democrats are once again focused on expanding the EV tax credit despite its gross inequities. They are using the American Energy Innovation Act as a tool to enrich two auto companies, GM and Tesla, along with wealthy coastal elites, mainly from California and New York. It’s now time for all Senators, especially Republicans, to stand up for their constituents and stop this obvious handout. No amendments, no deals, and no extensions of the tax credit.”
AEA has repeatedly reminded lawmakers that 78.7 percent of the EV tax credits went to households with an adjusted gross income of $100,000 or higher, and more than half went to households with an adjusted gross income of more than $200,000. AEA has also done extensive public polling on EV subsidies and identified a clear theme – a majority of Americans don’t believe taxpayers’ money should go towards paying for other peoples’ cars. Voters’ sentiments against paying for other’s electric vehicles especially sharpen when they learn nearly 50 percent of all subsidies are going to California.
AEA has promised to score any votes on amendments to the American Energy Innovation Act that would have detrimental impacts to consumers and taxpayers. AEA regularly scores Congressional votes concerning significant energy and environmental policy issues via its Energy Scorecard, designed to educate lawmakers about the most important energy votes of the year and empowers the American people to hold their elected officials accountable for the decisions they make in Washington.
Additional material:
- Vote Alert To Senate Republicans
- The American Energy Bureaucracy Act
- Voters to Congress: Make a U-Turn on Special Vehicle Preferences
- Free Market Coalition to Congress: No Electric Vehicle Tax Credit Expansion
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