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How many Republican votes will favor preserving the EV tax credit by end of 2024?
2
Resolution / Starting Odds
0-10 votes • 25%
11-20 votes • 25%
21-30 votes • 25%
More than 30 votes • 25%
Official voting records from the US Congress
Story
Trump Administration Eyes Ending $7,500 EV Tax Credit Amid GOP's Shrinking Majority
Dec 2, 2024, 11:17 AM
The incoming Trump administration is considering eliminating the $7,500 electric vehicle (EV) tax credit, a move that would require Congressional approval. However, the Republican majority in the House of Representatives is expected to shrink to a razor-thin margin, potentially as small as one seat, creating significant challenges for advancing tax reforms. The EV industry is struggling to find Republican allies in Congress to preserve the tax credit, which could become a contentious issue in next year’s tax debates.
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Passed as proposed • 25%
Modified and passed • 25%
Rejected • 25%
Still under consideration • 25%
Majority Support • 25%
Majority Oppose • 25%
Divided Opinion • 25%
No Clear Opinion • 25%
Yes • 50%
No • 50%
California only • 25%
California and 1-2 other states • 25%
California and 3-5 other states • 25%
California and more than 5 other states • 25%
Increase EV production • 25%
Decrease EV production • 25%
Shift focus to hybrids • 25%
Other • 25%
Yes • 50%
No • 50%
Support • 25%
Oppose • 25%
Neutral • 25%
No Comment • 25%
Repealed • 25%
Reduced • 25%
Unchanged • 25%
Expanded • 25%
Eliminated • 33%
Reduced • 33%
Unchanged • 34%