Does this stimulate today’s economy?
There is a proposal in the Senate to increase the amount of vehicles that can qualify for the plug-in tax credit from 250,000 to 500,000 vehicles. For vehicles that have a battery pack of at least 4 kWh’s in size, a tax credit of 00 to 00 will be available for the first 250,000 vehicles. Under the new proposal, the first 500,000 vehicles would be eligible.
While I support the proposal, does this really stimulate the economy today, which is what I thought was the focus of this stimulus bill?
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