Congress blowing hybrid tax credits?
Congress is a joke. The only legislation they can adequately accomplish is pork-barrel legislation. Tax credits for hybrid vehicles are going to be limited to only 60,000 vehicles per manufacturer and it's not just hybrid cars. All 'fuel-efficient' vehicles will qualify, including diesel vehicles - due to the arm twisting of GM and Chrysler. "It's all about having the marketplace, not regulation, driving the move into cleaner cars," said Rep. Dave Camp, R-Midland, sponsor of the car-tax credits. Yeah, right. So, taxpayers have to pick up the tab for the inefficiencies of the Big 3, as well as the terrorism and war costs of foreign oil dependency?
Labels: clean diesel, Congress, Foreign Oil Dependency, GM, Hybrid Vehicles



0 Comments:
Post a Comment
<< Home