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Legislation to End the Tax Credit on Electric Vehicles Would Save Taxpayers Billions of Dollars--and Would Strengthen Investment in Infrastructure


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Statement from Frank Macchiarola (like "Mackey")--API's vice president of downstream and industry operations--in:
MP3 format
Ogg Vorbis format
QuickTime (MPEG-4/AAC) format
Windows Media Audio 9.2 format
(69 seconds)


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(MACCHIAROLA):
"WHEN AMERICANS GET BEHIND THE WHEEL, AND TAKE TO THE ROAD, WE SHOULD CONSIDER THIS:  THE GOVERNMENT HAS BEEN PICKING WINNERS AND LOSERS, AND GIVING BILLIONS OF DOLLARS IN TAX-CREDITS TO ELECTRIC-VEHICLE OWNERS--AT THE EXPENSE OF EVERYONE ELSE.  BUT, THE 'FAIRNESS FOR EVERY DRIVER ACT' COULD CHANGE THAT--BY ELIMINATING THE FEDERAL ELECTRIC-VEHICLE TAX-CREDIT.  THE CURRENT POLICY ESSENTIALLY PROVIDES TAX-BREAKS FOR THE WEALTHY TO PURCHASE LUXURY CARS--AT THE EXPENSE OF HARD-WORKING, MIDDLE-CLASS FAMILIES.  IN FACT, THE TOP 20-PERCENT OF EARNERS RECEIVE 90-PERCENT OF THESE TAX-BREAKS.  NOT ONLY WOULD THIS LEGISLATION END THE ELECTRIC-VEHICLE TAX-CREDIT, AND SAVE TAXPAYERS BILLIONS OF DOLLARS--IT WOULD ALSO INCREASE MUCH-NEEDED INVESTMENT IN OUR ROADS AND BRIDGES, BY GENERATING ADDITIONAL REVENUE FROM ELECTRIC-VEHICLE DRIVERS FOR THE 'HIGHWAY TRUST-FUND'.  LIKE OTHER CONSUMERS, ELECTRIC-VEHICLE DRIVERS SHOULD PAY THEIR FAIR SHARE, TO HELP SUPPORT THE INFRASTRUCTURE [THAT] THEY DRIVE ON.  WE NEED CONGRESS TO PASS THE 'FAIRNESS FOR EVERY DRIVER ACT'--TO ENSURE THE FIRST STEP IN CREATING A FAIR AND LEVEL PLAYING-FIELD, FOR ALL AMERICANS.  PLEASE REACH OUT TO YOUR LOCAL REPRESENTATIVES IN WASHINGTON--AND URGE THEM TO SUPPORT THIS BILL."



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