Texas to offer Vouchers for new cars - more Corporate Welfare
 

Texas to offer Vouchers for new cars

Summary:
Texas wants to get Federal "Clean Air Credits". They will offer subsidies for people who have old cars who are more likely pollute. Originally, it was only aimed at cars made before 1995 that did not meet current standards. It is only available for those with lower incomes ($61,950 for a family of four. Individuals at $30,630). They get $3,000 to buy any 2 year or younger car and $3,500 if its a hybrid.

Of course, the big winner in this is all the car companies. The person behind this gets huge contributions from car dealerships. You will notice that although the intent is good (get off polluting vehicles for clean cars), the rules were carefully changed to benefit the dealers. The dealers will also administer the program! Under the current rules, I could trade in a 1997 Honda Accord and buy an SUV that pollutes even more, and get a subsidy (which will of course boost sales).

Almost every single one of these "do-gooder" programs that sounds good on the surface is so directly manipulated by those with access to the politicians that it is almost always a direct transfer to those who have the power from those who do not.

Re: Texas to offer Vouchers for new cars - more Corporate Welfare
 

Hm...where did you get the numerical information? I didn't see it in the article.

Re: Texas to offer Vouchers for new cars - more Corporate Welfare
 

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Hm...where did you get the numerical information? I didn't see it in the article.

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Which ones? All of the numbers I got were directly from the article.

Re: Texas to offer Vouchers for new cars - more Corporate Welfare
 

Why do I save money or work hard?

Re: Texas to offer Vouchers for new cars - more Corporate Welfare
 

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Why do I save money or work hard?

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Because your foolish?

Re: Texas to offer Vouchers for new cars - more Corporate Welfare
 

Basically.

Well at least my liquid assets are in Euros and I'm not fretting too much about work.