Oddbean new post about | logout
 Can someone explain to me the ev credit that many (people, media, etc) deduct from prices? I don't think it works that way since it's mostly for tax purpose. Just another way to mislead consumers. Am I misunderstanding it?

#ev #taxcredit #evcredit #incentive #marketing #consumer #askfedi #askfediverse #askmastodon

https://files.mastodon.social/media_attachments/files/111/173/417/376/265/601/original/462a542cac14330b.jpg 
 @19138a82 USA here, So the cool thing about a tax credit is it’s basically money. Quickie example here. If you have a $1000 tax credit and $400 in tax liability, the government owes you $600 when you file taxes.