Post #390 by AdrianC on the Macroeconomic Trends and Risks board

Personal Finance Topics / Macroeconomic Trends and Risks

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Where is the low-income person, the one who's supposedly being benefited by the credit, going to get the down payment money in the first place? What lender will loan the money on the promise of the credit to be paid later?

That is how the EV tax credit works now. It's applied at point of sale.

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