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Latest Official EV Welfare For Rich People From Your Friends and Neighbors

October 6, 2023 Starting in January Inflation Reduction Act Provision Will Allow Consumers to Transfer Credit to Car Dealer, Reducing Purchase Price of New and Previously Owned Clean Vehicles at Time of SaleWASHINGTON – As part of Bidenomics and the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) today released guidance that will lower costs for consumers and help car dealers grow their businesses by increasing access to Inflation Reduction Act credits at point of sale for new and previously owned clean vehicles. Researchers have found that consumers overwhelmingly prefer an immediate rebate at point of sale.Under the Inflation Reduction Act, consumers can choose to transfer their new clean vehicle credit of up to $7,500 and their previously owned clean vehicle credit of up to $4,000 to a car dealer starting January 1, 2024. This will effectively lower the vehicle’s purchase price by ....

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Daily Financial Regulation Update -- Thursday, June 1, 2023 | Paul Hastings LLP

May 31, 2023- The Board of Governors of the Federal Reserve System (Federal Reserve) released the Beige Book for May 2023. May 31, 2023- The U.S. Senate Committee. ....

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White House Updates May 31 2023

President Biden briefs federal emergency preparedness and response team on extreme weather preparedness. NSC Spokesperson Adam Hodge gives statement on Democratic People's Republic of Korea Space Launch. Defense Secretary LLoyd Austin III visits Indo Pacific region again. ....

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