Congress proposes $250 annual EV tax

Republicans in Congress are proposing a new $250 annual federal tax for electric vehicle (EV) owners, with hybrids facing a $100 yearly charge, as part of an upcoming transportation bill. This initiative aims to address the shortfall in federal highway funding, which is traditionally supported by gasoline taxes. Critics argue that the tax is premature given the current low percentage of EVs on the road and that it places an undue burden on EV owners. Experts suggest a more proportional and comprehensive approach to transportation funding, considering factors like road usage and vehicle weight.