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Non-Cattle Specific Topics
Coffee Shop
CASH FOR CLUNKERS
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<blockquote data-quote="HOSS" data-source="post: 685680" data-attributes="member: 1863"><p>It is just another ploy to squeeze money out of the tax payer. The big problem with this program is it actually cost more than the 4500.00 per car. Some government watchdog groups put the actual cost at several thousand more dollars per automobile rebated. There is huge additional government cost associated with oversite, paperwork processing, computer systems, car towing, car disabling, disposal and tracking. The last I heard is that the math worked out to almost 20k spent for every car filed in the program so far. Your government bureaucracy at work as usual.</p><p></p><p>My problem is that I am funding the purchase of an automobile for someone else. The government would be better served by giving me a 4500.00 income tax break so that I can go out and buy a car for myself or one of my kids. Alot of this tax subsidy will just go to impulse buyers who will trade a paid for car for more debt which they will default on.</p><p></p><p>Whenever the government meddles in the private sector they always do more damage than good.</p></blockquote><p></p>
[QUOTE="HOSS, post: 685680, member: 1863"] It is just another ploy to squeeze money out of the tax payer. The big problem with this program is it actually cost more than the 4500.00 per car. Some government watchdog groups put the actual cost at several thousand more dollars per automobile rebated. There is huge additional government cost associated with oversite, paperwork processing, computer systems, car towing, car disabling, disposal and tracking. The last I heard is that the math worked out to almost 20k spent for every car filed in the program so far. Your government bureaucracy at work as usual. My problem is that I am funding the purchase of an automobile for someone else. The government would be better served by giving me a 4500.00 income tax break so that I can go out and buy a car for myself or one of my kids. Alot of this tax subsidy will just go to impulse buyers who will trade a paid for car for more debt which they will default on. Whenever the government meddles in the private sector they always do more damage than good. [/QUOTE]
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