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30 November 2006

Electric Vehicle: Tax Credits?

So, I have been looking into what it would take to make my own electric vehicle... and I noticed something in the IRS Form 8834... Whereas you used to get a 10% credit, you now get a 2-1/2% credit... Where you used to be limited to $4000 you are now limited to $1000 (even though Hybrid get up to $2600).  Oh, and if you bought it from someone else, you don't qualify... You have to be the original owner. Friggin A. Can't they try to discourage it any more? 

Hey, electricity doesn't make the powers that be richer.

Posted by WILL POWER! on Fri Dec 01 10:13:00 PST 2006
Well, while I agree PGE is making more money off renewable energy than they should, no more than 1% of our energy can (legally) come from the oil that is killing our soldiers now.

Posted by Malachi on Fri Dec 01 16:20:00 PST 2006