Green Tax Rebates?

[gamernotwatcher]

Are there any reports or known efforts within the States that will issue energy or "green" rebates for the smart car?

[spdickey]

The only tax credits were for hybrid cars and they have now been phased out.

[jwight]

Here's a quote from Bankrate.com:

"The Energy Policy Act of 2005, which established a new tax credit system to reward purchasers of IRS-approved hybrids, also mandated a reduction of the tax benefit. The credit amount is cut once a car maker sells its 60,000th hybrid."

So, in an effort to encourage people to buy gas saving hybrids, this part of our "energy policy" provides a tax incentive until the car gets really popular, at which point the incentive expires. Let's guess - do sales continue at the same rate after the incentive expires as before? Who votes for these people? [I know, we do ]

[StevenM1TX]

Originally Posted by jwight

Who votes for these people? [I know, we do ]

Who pays more taxes to make up for those incentives? [I know, we do]

[jwight]

Freedom (from OPEC, in this case) isn't free.