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Alright. I'm not a big fan of the cash for clunker
program that has now passed Congress. Anyway, I hope
that it leads some guzzler drivers to upgrade into hybrid
vehicles, although I doubt many will take such
action.
What I find more interesting, however, is how easy
Congress made it for guzzler drivers to upgrade into a
new guzzler, yet how consumer unfriendly hybrid tax
credits have been.
Trade in your old SUV or truck for one that achieves
just 2 mpg better fuel economy and the government
hands out a $3500 voucher? Wow. But buy a hybrid and
your possible tax credit is dependent upon our crazy
tax code?
Hopefully, Congress will reconsider the current tax
credit for plug-in hybrids and EVs and make it as
consumer friendly as it's doing with the guzzler
program.
Labels: hybrid tax credits, Hybrid Vehicles
