Sales Tax Holiday will BOOST EV SalesThe best way for both Canada and USA to accelerate adoption of EV sales is to incentize buyers by granting a tax holiday on the purchase of any EV vehicle versus a combustion vehicle.
In Canada it would amount to a savings of 15%.
So if you are given an option to purchase a $ 40,000 combustible car or, a $ 40,000 EV, you would lean towards the EV because you save the 15% tax or $ 6,000.
In addition, to further put fire on EV market, you could add a carbon tax on the sale of combustible cars so say $3,000.
For a $ 40,000 EV model, it would mean a savings of 15% tax or $ 6,000 and $ 3,000 carbon tax or $ 9,000 in total.
No one would buy any more combustible cars.
Food for thought,
Good Luck Everyone,