It appears the in the Build Back Better bill, customers of Rivian can only get a full tax credit if the assembly workers are unionized. This could mean over $4000 in additioinal price reduction of the vehicles. Does Rivian qualify as a Union shop?
The government shouldn't be picking winners & losers but should leave in the US made provision?I hope they eliminate the union requirement and leave it at $4000 for US made.
Done!All of these issues can cause a Rivian buyer not to get any/all of the tax credit. Lobby your senator about it.
People that make more money don’t always pay more taxes and can more easily hide/invest it and so on. It’s not a reward it should be to get as many EVs on the road as they can and make the EV an affordable option for as many as possible. Drawing a line and saying folks that make this much ($250k?) should be able to afford it will not be true for everyone at that income level. Some will still be putting more of their money elsewhere but I know someone that makes $35k a year will almost certainly not be able to. You are trying to make to pool of people that can afford an EV as big as possible not reward someone that already makes a ton of money.If the people that are making more money are also paying more in taxes, and those same people are spending more money on a more expensive EV that is also good for the planet, and the government decides that they want to reward consumer behaviors, shouldn't those people spending more also get an incentive for the extra money they are contributing to the government in the form of more taxes to provide this incentive to everyone?
Of course, if it is a corporation working loopholes to avoid paying taxes, that is a different story entirely.
If someone is busting their ass to bring-in enough dough to afford a Rivian and there are incentives available to change the world, then there should be no issue getting an appropriate incentive, provided the same is true for those making less, potentially contributing less, but wishing to receive a commensurate incentive on a less expensive EV. I'm sure that logic is all too proportionate to make any sense.
I am buying a Rivian either with or without the incentives, but that doesn't mean the bill or tax credits are structured fairly or correctly, or that I wouldn't mind an incentive for being a good citizen and contributing to our economy - particularly when voting to buy US with my hard earned dollar$.
Most folks consider all caps yelling and find it more difficult to read. If you want to emphasize text you could use bold or italics or underline or something.I wasn't yelling, just emphasizing. Like I said earlier, the whole concept of a proportional incentives is way too simple. If it were up to me, I would definitely try hard to incentivize US-based manufacturing of affordable EV vehicles (I get the reason why the union worker thing is in this bill). I feel like it may also have been an effort to get at the "sentiment" that we should reward for work being done here on home soil in the US, the only problem being that there is also a lot of good work being done here in the States that is non-union based. I would also consider an allocation of incentive dollars specific to the EV's produced by US-based entities that is quota-based on some sort of environmental rating. So, yes, at first and for a specific duration of time or until allocations have been met, even some Rivian or Lucid buyers could get incentives while these new companies get off the ground.
These types of incentives aren't just for buyers, and they don't just have to be to targeted toward flooding the market with cheaper, more inexpensive EV's either. Why? Because if you can influence an entire population of future buyers across a range of demographics with a variety of smart consumer options designed for different budgets you will help solidify this entire electrification and clean energy movement and see innovation happening at a faster pace across a much broader spectrum. Anyway, that would be my goal. Then, all incentives can end and competition will drive down prices for everyone as technology advances (in theory). So it becomes the competitive advantage of EV nations.