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How EV Subsidies Favor the Wealthy

“I grew up in the middle class,” Vice President Kamala Harris says repeatedly to show that she understands what policies would best support the average American.

However, Harris’ electric vehicle subsidies don’t help middle- and lower-income households; they go to upper-income households.

It’s one of many hypocritical policies of the Biden-Harris administration.

This year, the government has issued $2 billion in tax credits for over 300,000 electric-battery and plug-in hybrids—mostly to wealthy households that don’t necessarily need them.

Nationally, 14% of households earning over $100,000 own an electric vehicle, compared to 5% of middle-income households and 2% of those earning $40,000 or less, according to a recent Gallup poll.

In California, the state leading in electric vehicles, the Top 20 ZIP codes with the highest percentage of EVs have…

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