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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?


To: John Koligman who wrote (17023)4/19/2010 12:31:53 AM
From: i-node  Respond to of 42652
 
>> Well it certainly hasn't been 30 years for electic tech on autos. It certainly is worth a shot IMO, to help get us off as much foreign oil as possible.

If the government could buy up all the old cars for $100 apiece, 10 billions would get rid of all the old cars, so, yeah, that might be worthwhile.

But when you're paying $7,500 to get someone to buy a Prius where is the value in THAT? To save a few gallons of gas a week?

On second thought, for what he spent on this idiot-assed stimulus bill he could have bought every used car in America for $7,500 and still had $100B left over.



To: John Koligman who wrote (17023)4/19/2010 12:36:33 AM
From: i-node2 Recommendations  Read Replies (2) | Respond to of 42652
 
>> Well it certainly hasn't been 30 years for electic tech on autos.

As a practicing CPA, variants on this game plan were the most frequently asked question. And the answer is always the same. No matter how good the tax credits are on a bad investment, it is still, at best, a bad investment.

The reason government gives tax breaks is to encourage behavior that doesn't make good financial sense. You competently evaluate the investment and either make it or not based on that evaluation. If there happen to be tax benefits, great.