Want a fancy new luxury EV? Colorado will help you pay for it. After Federal EV credits expired in September, Polis and the Democrat supermajority decided to help out rich residents by increasing the already generous state tax credits.
Cannot imagine James Madison thinking we have to subsidize certain consumers.
Thomas Sowell: There are no solutions, just trade-offs.
Tesla had record sales last quarter as buyers take advantage of federal tax credits before they expire. Will Colorado sales continue versus the rest of the nation?
And now than Elon Musk and President Trump are buddies again, will the federal EV tax credit come back next year?
Thomas Sowell: There are no solutions, just trade-offs.