|WARRENTON, VA –
The Energy Equality Coalition (EEC) today released the results of its new national survey regarding taxpayer-funded subsidies for wealthy owners of electric vehicles. The survey, which was conducted among 1,000 likely voters by McLaughlin & Associates, measured strong opposition from across the political and demographic spectrum; most notably, a full 77% of likely voters believe working-class Americans should not be required to subsidize the purchasing habits of the wealthy.
The findings of EEC's new survey demonstrate that the disapproval of these subsidies among Americans has only grown; in a similar poll on the subject last summer, 67 percent of voters were "resistant to the idea that they should pay for people to buy electric vehicles
"In stark contrast to the silence of luxury electric vehicles, voters nationwide are making loud and clear their overwhelming opposition to the industry's special-interest subsidies,"
said EEC board member George Landrith. "Particularly as they consider critical legislation like the Fairness for Every Driver Act, lawmakers should remain plugged into the energy among voters to finally rid ratepayers and taxpayers of the burden of subsidizing toys of the rich."
As the polling firm added in its summary, this national survey "shows there are strong opinions against the federal government subsidizing the purchase of electric vehicles for the wealthy. Voters believe there are better alternatives to reduce the impact of climate change than subsidizing electric vehicles for the wealthy and that working-class Americans should not have to subsidize the purchasing habits of the wealthy. This is a non-partisan issue. The strong sentiments cut across all political and demographic voter segments, including party affiliation and income."
Among the key findings:
- More than three-quarters (77%) of the likely voters believe working-class Americans should not be required to subsidize the purchasing habits of the wealthy;
- The vast majority of Republicans (81% to 12%), Democrats (72% to 13%) and Independents (78% to 8%) oppose working-class Americans subsidizing the purchasing habits of the wealthy;
- Three-quarters of households with an income under $100K (77% to 9%) and over $100K (75% to 12%) disapprove of working-class Americans subsidizing the wealthy’s spending habits;
- 4 in 5 likely voters (79%) believe there are better ways to reduce the impact of climate change than subsidizing electric vehicles for the wealthy; and
- The belief that there are better ways to reduce the impact of climate change than subsidizing electric vehicles for the wealthy is shared by most Republicans (77% to 11%), Democrats (79% to 10%) and Independents (81% to 9%).
View the polling memo in its entirety HERE
Taxpayer-Funded Subsidies For EVs Are Enjoyed Almost Exclusively By The Wealthy:
Expanding The Federal Tax Credit Under The "No Cap Limit" Scenario Sought By The EV Industry "Could Lead To Dire Consequences For Americans Who Are Struggling To Stay Ahead Of Their Finances":
- "The top income quintile has received about 90% of all credits." (Energy Institute at Haas, 7/15)
- "79 percent of electric vehicle plug-in tax credits were claimed by households with adjusted gross incomes of greater than $100,000 per year." (Pacific Research Institute, 2/12/18)
- A 2017 survey found that 17 percent of American households with hybrid and electric cars – the highest percentage of any income bracket – earned above $200,000 the previous year. (CarMax / CleanTechnica, 7/18/17)
- A 2018 government survey found that "about two-thirds of households with [battery electric or plug-in hybrid electric vehicles] have incomes higher than $100,000." (U.S. Department of Transportation, 5/22/18)
- Total personal income of all U.S. households would decrease by $12+ billion in 2035 (NERA Economic Consulting, 9/10/18)
- "Between 2020 and 2035, the net present value reduction in personal income of all U.S.households would be about $95 billion..."