Friday, August 10, 2012

$2,500 Tax Break for Electric Bicycles, Motorcycles Approved by Feds

"Electric-vehicle production just got another boost from Uncle Sam. The Senate Finance Committee has approved a $2,500 tax credit for electric bicycles and electric motorcycles. The goal of the bill, backers say, is to create and keep U.S. jobs by encouraging growth of American manufacturers like BRD and Zero through consumer incentives."

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