New Inflation Reduction Act 2024

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New Inflation Reduction Act 2024. It's been two years since the inflation reduction act, which experts call the largest climate investment in united states history, was signed into law. The inflation reduction act had nothing to do with reducing inflation.


New Inflation Reduction Act 2024

The inflation reduction act allows a maximum credit of $7,500 per new clean vehicle, consisting of $3,750 in the case of a new vehicle that meets certain requirements. A key element in that push is offering up to $14,000.

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