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Originally Posted by AZCamaroFan
yes, remarkable how many americans don't know that. can't imagine why.
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You do understand that every item mentioned in that bill deals with tax deductions and credits? It’s all about tax codes that let oil companies KEEP more of THEIR money. This is a subsidy? I don’t think so.
The government cuts checks for EV production. $3.1 billion this year. That’s not decreasing their taxes 3.1billion, that’s writing checks for that amount with taxpayers money.
https://www.cnbc.com/amp/2022/05/02/...acturing-.html
That’s a subsidy.