Biden admin lumped elite liberal enclaves in with 'low-income' areas, allowing them to exploit EV subsidies: Report
Martha's Vineyard is a predominantly Democratic haven off the coast of Massachusetts where the average asking price for new house listings is apparently over $2.3 million and the average household income is well over $130,000. The island is home to scores of multimillionaires and one of climate-conscious former President Barack Obama's numerous abodes — an $11.75 million, 30-acre estate.
Even though the millionaire refuge managed to drive out the poor migrants who reached its shores in 2022 inside a 44-hour window, the Biden administration has nevertheless designated parts of the island "low-income" areas.
According to a report from the Daily Caller, the Biden administration has designated parts of the Vineyard; Montauk and Fishers Island in New York; Rehoboth Beach, Delaware; Beverly Hills, California; and other elite liberal enclaves thusly, meaning they can exploit electric vehicle charger subsidy programs.
President Joe Biden's so-called Inflation Reduction Act allowed for the extension and modification of the Alternative Fuel Vehicle Refueling Property Tax Credit.
The subsidy — "6% with a maximum credit of $100,000 for each single item of property" — is available to businesses and individuals that install EV chargers.
Last month, the Biden White House noted that the tax credit "provides up to 30% off the cost of the charger to individuals and businesses in low-income communities and non-urban areas, making it more affordable to install EV charging infrastructure and increasing access to EV charging in underserved communities."
IRS code characterizes an area as low-income if it has a poverty rate of 20% or more, reported the National Desk. Affluent areas can still qualify, as the code allows for areas with a median income south of 80% of the closest metropolitan area or city to pass as low-income.
In the case of Martha's Vineyard, the U.S. Department of Energy's 30C Tax Credit Eligibility Locator indicates the north of the island, a "census tract in Dukes County, Massachusetts (Census tract ID = 25007200100) is eligible through 2024 because it meets the definition of 'low-income community' in Internal Revenue Code section 45D(e)."
Half of Nantucket Island, another swanky summer destination for cosmopolitan elites, is also eligible for charger subsidies on account of its "low-income" status.
The Caller indicated that parts of Cape Cod have similarly been zoned "low-income," including Hyannis, the stomping grounds of the Kennedy dynasty.
The Caller indicated that the DOE did not respond to requests for comment.
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