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Monday, February 3, 2020

Republicans Demand IRS Data on Electric Vehicle Tax Credit Abuse

In September 2019, 
the U.S. Treasury 
inspector general for 
tax administration 
         ( TIGTA ) 
released a heavily 
redacted report.


"The IRS 
has taken steps 
to address some of 
TIGTA’s previous 
recommendations 
to improve the 
identification and 
prevention of 
erroneous credit 
claims, (but) many 
of the deficiencies 
previously identified 
still exist." 


More than 
$70 million 
worth of 
potentially erroneous 
electric vehicle (EV)
plug-in credits claimed 
between 2014 and 2018 !






Back in 2011, 
the same watchdog 
found $33 million worth 
of plug-in and alternative 
vehicle credits were 
claimed erroneously. 

15 Republican Senators 
are demanding answers.

They sent a letter to
IRS Commissioner 
Charles Retting on
"what appear to be 
systemic problems," 
according to The Hill. 

The Senators included
Senate Finance Committee 
Chairman Chuck Grassley 
and Senate Homeland Security 
and Governmental Affairs 
Committee Chairman 
Ron Johnson.


The GOP Senators said:
"...it is troubling that these 
improper payments continue 
and have more than doubled
in size in the eight years 
since they were first reported." 


The program
"overwhelmingly benefits 
wealthy electric vehicle 
owners in one state" 
and cited a 
Wall Street
Journal article 
that showed 
about half
of all EV sales 
are in California.


The Senators demanded 
data about the amount 
of credits erroneously claimed 
and whether or not the IRS 
has conducted an internal audit.