New tax credits for Non-plug-in hybrids needed?
Tax credits helped drive the PriusThere is no doubt that tax credits for hybrid cars, especially the Toyota Prius, helped sell these vehicles. But, are new tax credits needed to keep moving these vehicles?
Probably not, considering that most hybrid dealers have been adding massive dealer markups to these vehicles. Of course, if the economy keeps tanking all car sales will suffer.
Still, what about a tax credit for non-plug-in hybrids that rewards significantly higher fuel economy - say for hybrids that achieve at least 60 or 70 mpg combined fuel economy? Or, at least a tax credit for plug-in conversions?
If Congress truly wants to end foreign oil dependency, isn't a more aggressive, comprehensive incentive program required?
Labels: Congress, Foreign Oil Dependency, hybrid tax credits, Hybrid Vehicles, toyota prius


































