ELI5: Explain Like I'm 5

Hybrid tax credit

A hybrid tax credit is a special kind of money that the government gives you if you buy a car that is part electric and part gasoline powered. Hybrid cars use less gasoline than regular gas cars, so the government rewards you for being helpful to the environment. When you buy a hybrid car, you get a credit that you can use to reduce the amount you have to pay in taxes.
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