How does a $12,500 tax credit for a new EV sound? Or $2,500 for a used one?

The 13-year-old Plug-in Electric Drive Tax Credit for fully electric and┬áplug-in hybrid vehicles has been given a number of potential overhauls in Congress as part of larger spending bills. As it stands, the current tax credit maxes out at $7,500, which means certain EV and PHEV buyers can reduce their tax burden if they owe the federal government that amount or more…