Report: $33M in EV tax credits went to buy unqualified vehicles
The information comes from a new report, published by the Treasury Inspector General for Tax Administration (read the full report in PDF), which found that the problem lies with the IRS, which apparently doesn't have the "adequate procedures" required to ferret out which claims qualify and which don't. The IRS responded by saying it, "has already implemented measures to address some of the problems highlighted in the report." Okay, that's all somewhat understandable, but a getting money back for a bicycle? We love bikes, seriously, but we're pretty sure that they're not cars...
[Source: USA Today | Image: General Motors]
- Biggest automotive sales disappointments
- Fastest-depreciating cars in the United States
- Find and compare 2017 Models