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Old 03-29-2011, 08:23 PM
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Default Pretty Good Idea, I Think

Quote:
Originally Posted by RichieLion View Post
...The U.S. taxpayer is going to be turned into automatic rebate provider. The Obama Administration is looking to turn the $7500 tax credit for the purchase of those unpopular "green vehicles" into an instant "point of sale" tax rebate immediately payable to the buyer by YOU....
While I'd like this idea to be a part of a more comprehensive energy policy, and have the rebate idea be a somewhat more permanent one, overall, I think the approach is a good one.

I'm not at all certain that $7,500 is the right number. It could be too high or too low. But if such an incentive will drive the car companies to produce more fulel efficient and/or electric cars, and have a long term influence on the public to buy them--then I'm all for such a program.

All I'd ask is that if this is such a lousy idea, what's a better one to drive the public towards buying cars which consume less gasoline and reduce the requirement that we import more and more foreign oil?