Tesla faces new tax in WA
Briefly

Tesla faces new tax in WA
"House Majority Leader Joe Fitzgibbon emphasized its necessity amid frozen federal EV infrastructure funds. 'We didn't have a budget crisis until this year...'}},{"
House Bill 2077 is progressing through Washington state legislation, proposing a 2% tax on emissions credit sales and a 10% tax on banked credits, primarily impacting Tesla. The tax aims to generate substantial revenue, estimated at $78 million initially and $100 million annually thereafter. Proponents argue it is crucial for funding state services amid federal cuts in EV infrastructure. However, Tesla's lobbyist argues it contradicts the state's intention for zero-emissions policies. The bill reflects ongoing tensions in the transition to electric vehicles as compliance grows mandatory and state infrastructure needs increase.
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