Deductions & credits

@AmeliesUncle - well, in a way they do support low- mod income..... there is the EV credit for used vehicles.... I don't like the way that sounds, but indeed it is available.  

 

Someone making under $130,000, for used vehicles under $25,000, there is a credit of 30% of the vehicle sales price not to exceed $4,000.  Credit is non-refundable so at the lower end of low-mod, it's the same issue - if you don't have tax liability, the credit doesn't have value.   I can see where those with limited financial resources would gravitate towards a used vehicle. 

 

https://www.irs.gov/credits-deductions/used-clean-vehicle-credit

 

Those refundable credits are reserved for situations with children, education  or work (EITC, additional CTC, AOTC and LLC)  and not for purchases (EV credit, Energy Credit).