Dutton reverses pledge on EV tax break two days after saying he would keep it
- Peter Dutton reversed his earlier commitment to keep electric vehicle tax incentives, stating the Coalition will save $3 billion by halting the scheme.
- Opposition Leader Peter Dutton reversed his pledge to keep the electric vehicle tax incentive, which earlier won support from industry groups like NALSPA and the Electric Vehicle Council.
26 Articles
26 Articles
'Extremely disappointed': Electric vehicle groups react to Dutton's tax break backflip
Opposition leader Peter Dutton appears to have reversed his stance on a $3 billion tax break for people who buy electric vehicles. Some industry leaders are worried drivers in outer suburbs will be hit worst.
Dutton Clarifies Coalition’s Position After Confusion Over EV Tax Breaks
Opposition Leader Peter Dutton has clarified the Coalition’s stance on electric vehicle (EV) tax breaks after a sharp policy reversal caused confusion. On April 21, Dutton told reporters he had “no” plans to scrap Labor’s fringe benefits tax (FBT) exemption for EVs bought through novated leases—an arrangement where employees lease a car and make payments through their salary, reducing their taxable income. But just days later, the Liberal Party …
New Report: Repealing EV Tax Credits Will Save Taxpayers $300 Billion
WASHINGTON DC (04/24/2025) – Today, the Institute for Energy Research (IER) released a new report, Revenue Estimates for Repealing the Clean Vehicle Tax Credits (30D, 25E, and 45W), outlining how repealing the Inflation Reduction Act’s (IRA) EV subsidies will save taxpayers approximately $300 billion from 2026 to 2035. The report was produced for IER by EY Quantitative Economics and Statistics. IER President Thomas Pyle issued the following stat…
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