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Cash 4 Clunkers: Any other brilliant ideas?
Source: Tom Toles, The Washington Post, June 23, 2009.  1 comment to Cash 4 Clunkers: Any other brilliant ideas?Leave a Reply |
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By Prieur du Plessis, on June 24th, 2009 posted in: 
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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