Comments on: Senators Promote Cash-for-Clunkers as Auto Industry Boost; Environment Takes Back Seat

By: adidas originals

adidas originals — Sat, 05 Jun 2010 06:15:54 +0000

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By: kcampese

kcampese — Thu, 04 Jun 2009 05:38:58 +0000

Cash for Clunkers will END charity car donation in this country since the voucher would be much more than the tax deduction. Charities rely on the proceeds from the sale of donated cars to help fund their programs. It makes more sense to restore the tallowed ax deduction to the book value. That would be a great incentive for people to donate their older car to charity and purchase a newer one. Since most car donations are scraped because of their condition, they effectively are recycled. Under this plan, car dealers, taxpayers and charities all win AND there is little cost to the government.

By: kcampese

kcampese — Wed, 03 Jun 2009 22:38:58 +0000

By: Jim B

Jim B — Tue, 02 Jun 2009 10:25:13 +0000

Has anyone looked at the negative affect that this bill would have on the automotive aftermarket? This bill requires people to scrap all of the old cars that are traded in. Many of these old cars go to repair shops to be fixed. If they are scrapped, and not fixed, what happens to the repair shops?

By: Dave Scott

Dave Scott — Tue, 02 Jun 2009 07:19:44 +0000

Yes, well, lets state the obvious. Subsidizing the purchase of 22 mpg cars would have neglible or no environmental benefit. President Obama just reached a landmark agreement to raise mileage to 36 mpg by 2016. 22 mpg carrs don't get you there.

By: glenbona

glenbona — Mon, 01 Jun 2009 23:54:20 +0000

The legislation currently proposed by congress does NOT include vehicles over 25 years old. If you own a vehicle manufactured before 1978 and you want to receive the incentive under a “Cash for Clunkers” program, contact your congressional representatives and request the inclusion of vehicles over 25 years old.