Free-Market Groups To Congress: Don’t Extend Electric Car Credit

Congress shouldn’t extend a consumer tax credit for the purchases of electric vehicles, 34 groups said today in a letter to the leaders of the House and Senate tax writing committees.

“While the tax credit is misguided, at least its drafters had the wisdom to ensure that it applied only to the first 200,000 vehicles from a given manufacturer,” the letter said. The American Energy Alliance led the list of organizations that signed the letter.

Other signers include conservative groups such as the Texas Public Policy Foundation, FreedomWorks, Heritage Action for America and the Competitive Enterprise Institute.

An effort to ...