[quote=enron_by_the_sea][quote=Rt.66]What is funny about this is that our Gov. forced thousands of GM and Chrysler dealerships to close, leaving many towns with little domestic choices and leaving foreign makers to control the market in those areas.
Now our Gov. offers $4500 of our tax dollars to anyone willing to trade in a clunker with no domestic stipulation, so many buyers will choose Foreign. So the profits from US tax payer subsidized sales will go to other countries. Wonderful. Tack that onto the $500 billion in bailout dollars that already went to foreign banks.
Even worse is that you can buy a car that was not even assembled in the US and still get a $4500 gift, courtesy of US tax payer. Our tax dollars supporting the jobs, GDP, healthcare and schools of other countries? WTF??? This is trade diplomacy or trade charity at its worst. We are screwed!
“The new vehicle can be U.S. or foreign-built and must have a manufacturer’s suggested retail price of less than $45,000.”[/quote]
Great! I was just waiting for this. Let the firefight begin.[/quote]
No worries. I bet if you posted a poll here, you’ll find out far fewer people can take advantage of the $4500 tax credit than others.
Edit never mind comment about scrap value… I think it’s measured per weight..
