Wed 24 Jun 2009
Cash 4 Clunkers: Any other brilliant ideas?
Posted by Prieur du Plessis under Humor
Wed 24 Jun 2009
Posted by Prieur du Plessis under Humor

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June 24th, 2009 at 10:42 pm
Cash for clunkers will devastate car donations to charities because the amount of the voucher is so much greater than the tax deduction. A simple olution to boost car sales would have been to just go back to allowing people to take the blue book value of their car as the tax deduction for donating it to charity. Most cars that are donated to charity are recycled. Those that aren’t have to be roadworthy and pass inspection before they car be sold or given to the public. The result is less polluting vehicles on the road.
Karen Campese
Cars4Charities
http://www.cars4charities.org