More like tax credits. For example you can buy an EV and knock some money off your taxes. For example supposed a company makes 5 billion they have a 30% tax rat

More like tax credits. For example you can buy an EV and knock some money off your taxes. For example supposed a company makes 5 billion they have a 30% tax rate. They would owe 1.5 billion. Supposed they bought a company for 6 billion. They realized next year hey the company is really only worth $1 billion. They write off the 5 billion which offsets the 5 billion profits so instead of the paying 1.5 billion in taxes they pay 0. So government basically ended up paying 25% of the purchase price.