Quote:
Originally Posted by RichieLion
...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....
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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?