my Democratic colleagues say wealthy Americans should pay their fair share. Yet they want to expand the electric vehicle tax credit for the rich once again. In this bill, there are two separate EV tax credits: one for people who want to buy new $80,000 vehicles and one for those who want to buy used EVs. Why two separate credits? The tax credit for new EVs is available to the wealthy, while the credit for the new EVs is limited to the folks with lower incomes. Why do my colleagues from the other side keep giving bigger tax breaks to their rich donors? My change would at least prevent taxpayer dollars from subsidizing the wealthy. I yield the floor. The PRESIDING OFFICER. The Senator from Ohio.
Deb Fischer: “my Democratic colleagues say wealthy Americans should pay their fair share. Yet they want to expand the electric vehicle…”
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