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New Biden plan would give e-bike buyers up to $1,500 in tax credits

www.theverge.com/  | Published on 10/29/2021
New Biden plan would give e-bike buyers up to $1,500 in tax credits

The current Build Back Better proposal would offer a credit of up to 30 percent against the cost of the bike

There’s good news in the latest version of the White House budget deal: the proposed federal tax credit for new electric bike purchases has survived the most recent round of Congressional bloodletting. Not only that, but it’s been restored to its former glory of 30 percent, after the House of Representatives slashed it to 15 percent.

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