Cash for Clunkers May Cost Up to $45,354 Per Vehicle [View article]
The new cars for clunkers is just another temporary short sighted inefficient stimulus to the economy. The country needs a permanent energy policy for conservation. No one talks about higher fossil fuel taxes for one, or a sales tax that is charged based on the engine size and efficiency for each class of car and truck, thus rewarding buyers for buying fuel efficient cars and trucks, and rewarding manufactures for producing the most efficient ones. The tax money can be earmarked for the much needed repairs of the transportation infrastructure and for mass transit systems, and not adding anything to the national debt. This has already been proven effective all across the EU.
Cash for Clunkers May Cost Up to $45,354 Per Vehicle [View article]