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There is no doubt that tax credits for hybrid
cars, especially the Toyota
Prius, helped sell these vehicles. But, are new
tax credits needed to keep moving these vehicles?
Probably not, considering that most hybrid dealers
have been adding massive dealer markups to these
vehicles. Of course, if the economy keeps tanking all
car sales will suffer.
Still, what about a tax credit for non-plug-in hybrids
that rewards significantly higher fuel economy - say
for hybrids that achieve at least 60 or 70 mpg
combined fuel economy? Or, at least a tax credit for
plug-in conversions?
If Congress truly wants to end foreign oil dependency,
isn't a more aggressive, comprehensive incentive
program required?
Dahcredyns
said...-
i largely focus mostly on hybrids, since this blog is about hybrids, but i'm also open to tax credits for anything that offers a big energy savings.
for instance if companies wanted to focus on using carbon fiber to build ultra light, but safe two person pods that get 70 mpg, why not give 'em a tax credit?
congress doesn't inspire or motivate creativity it rewards the status quo.
congress only knows how to do two things: regulate us to death or give the little money we have to the people that already have most of the money, which includes almost every member of Congress, so we shouldn't be surprised.
the plug-in tax credit is fine, but it really doesn't help or empower every day people. why not help people become innovators in transportation?
Anonymous said...-
I'd love to see all of those...tax credits for people riding their bike to work, hitch hiking, converting their sailboat to a wheeled vehicle. By the time our elite elected officers get to it, we'll be friggin' using Star Trek tranporters OR we'll all be living in caves again hunting rats for dinner...depending on which way things go.
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Labels: Congress, Foreign Oil Dependency, hybrid tax credits, Hybrid Vehicles, toyota prius
