Thursday, August 13, 2009

Average American Car Buyers Not Worthy of Wealthy's Tax Break

Suddenly, town hall protesters are complaining about running up the national debt on our kids. I guess the “drunk like sailors” Republican administration spending wasn’t enough to bring out such public outrage. Now it’s the mere $3 billion Cash for Clunkers program.

AP: Transportation Secretary Ray LaHood has cited the Obama administration's best-seller list of mostly smaller, fuel-saving cars like the Ford Focus to describe the success of the Cash for Clunkers rebate program. But … some trucks and sport-utility vehicles that get less than 20 miles per gallon, like the Ford F-150 truck and one version of the Cadillac SRX Crossover, also are being purchased with the new government subsidies.

Here’s where the story shines a bright light on the hypocrisy of conservatives and Republican who are complaining about the Clunkers money going to gas guzzling cars.

Both are bulky vehicles weighing more than 6,000 pounds when loaded that boast at least 248 horsepower.
Did we hear any of these protesters, now Libertarians, complain about the unfunded tax depreciation of $17,500 on vehicles over 6,000 pounds for the business class? This was an unfunded Bush tax cut for Hummers and large SUV’s.

Now Clunkers is being criticized because a few people are using the $4,500 to pay for these same vehicles. That's up to $4,500 on a few Clunker cars compared to a business depreciation of $17,500 by god knows how many businesses.

Will the anti-government, anti-Clunker and anti-health care Neanderthals please make up your minds?

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