Cash for Clunkers May Cost Up to $45,354 Per Vehicle [View article]
His article is appropriate. The program is naive and infantile. If we, as a Nation, want to get serious, Congress would pass an additional gas tax of $3.00 per gallon. An income tax credit of $1,200 per year would be given to any licensed driver, who is a citizen or has a valid green card, and has insurance. The concept is that the government should not attempt to tell the manufacturers what cars to make. The government should stimulate the specifiers to tell the manufacturers the cars they want ot purchase, i.e., high MPG cars. There should never be any tax credits other than the one described.
Cash for Clunkers May Cost Up to $45,354 Per Vehicle [View article]
The program is naive and infantile.
If we, as a Nation, want to get serious, Congress would pass an additional gas tax of $3.00 per gallon.
An income tax credit of $1,200 per year would be given to any licensed driver, who is a citizen or has a valid green card, and has insurance.
The concept is that the government should not attempt to tell the manufacturers what cars to make. The government should stimulate the specifiers to tell the manufacturers the cars they want ot purchase, i.e., high MPG cars.
There should never be any tax credits other than the one described.
Michael Z