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Old 09-25-2007, 05:02 PM
worthywads worthywads is offline
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Real Name: Steve
Location: Ppls Rep. of Boulder
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Default Re: Tax credits and manufacturers' caps

Quote:
Originally Posted by kdhspyder View Post
You are absolutely right and that's the purpose of the tax credit. It allows the manufacturers to sell their vehicles at a good return to compensate for the developmental costs for a period of time. For the consumers though we benefit by getting a tax break thus lowering our acquisition cost to say a 'normal' level.
The dealer gets the money not the manufacturer or buyer.

The purpose of the tax credit was never to get the manufacturer compensation, and if was sold as such it wouldn't have passed.

It was sold as a benefit to buyers and the planet, but the dealers in many cases just raised the price, in effect getting the credit.

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