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Friday, December 5, 2025

Oil-backed senators introduce bills to kill $7,500 EV tax credit, add $1,000 tax on electric cars

Republican Senators have introduced bills to not only kill the $7,500 tax credit for electric vehicles but also add a $1,000 tax at the purchase of new EVs. President Trump campaigned on killing the $7,500 tax credit for electric vehicles. Therefore, it’s not surprising that it’s happening, but now …

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