Democrats' Inflation Reduction Act includes another lavish EV subsidy for the rich and famous
Fox News
In the Democrats' Inflation Reduction Act there's good news for the rich and famous. More subsidies to incentivize Americans to purchase an EV aka an electric vehicle.
For the average American an EV is a luxury item, even with Uncle Sam kicking in $7,500 dollars if all requirements are met, it’s a reach these days. It's like giving everyone a thousand dollar gift card to the Rolex store, great, but where do we get the other 9 grand? David Marcus is a columnist living in New York City and the author of "Charade: The Covid Lies That Crushed A Nation."
First of all, as many have pointed out, the electricity that runs these futuristic vehicles doesn’t just flow freely from the sky, as envisioned by Nicola Tesla whose name is now synonymous with electric vehicles. Rather these supposedly green status symbols on our roads are powered by the grid. And what powers the grid? In many cases the very fossil fuels meant to be phased out.