Policy Brief: Repealing Federal Revenue Impact of Repealing EV Tax Credits

Policy Brief: Repealing Federal Revenue Impact of Repealing EV Tax Credits

Aligning President Trump’s campaign pledges with pro-growth, low-tax conservatism is tough in the current fiscal climate, but not impossible. Republicans should focus on eliminating corporate subsidies, a straightforward move that delivers multiple benefits. These subsidies distort markets by propping up politically connected firms, often at the expense of more innovative or efficient competitors. They lock resources in failing ventures, undermi…