casey00001

Cash for Clunkers May Cost Up to $45,354 Per Vehicle

DancingDad, How do you know the people getting the rebate pay any US Income Taxes at all? This program was set up wrong from the beginning. The Credit should not have come off the Net Purchase Price of the Vehicle but should have come in the form of a flat $3500 or $4500 credit off income taxes paid by the individual on a 1040. That way the people who really do pay taxes get a credit and the freeloaders don't get any handout at Taxpayers expense.


On Jul 31 02:34 PM dancingdad wrote:

> Not quite so fast. The people getting the rebates are taxpayers and
> many of them, probably most are very responsible and know a deal
> when they see it. I have no problem with the people buying cars.
> The system gave them an opportunity and they took it. At least they
> are getting a little of their tax dollars back. When you compare
> this program to the the Wall Street bailout or the auto bailout,
> this really isn't that bad and at least it helps the guy on the real
> street.
>
> Could the money be invested in the country's future in a better way.
> No question on that. But hey, the little guy got a break for a change.
>

Could Gates Controversy Hinder Health Care Reform?

I think you missed the key point. Obama opened up his big mouth, stepped in it and showed the whole world just how uninformed and inexperienced he is.