From: Brian Umbarger
Date: August 6, 2009 11:25:58 AM EDT
Subject: Fwd: Cash for Hummers
Kind of ironic isn't it?
Funny also that my old 1998 honda accord w/205,000 miles on it doesn't qualify. It's too efficient.
So, in theory, my taxes could (and likely are) going to someone who is turning in their big SUV for another big SUV. Lovely!
Begin forwarded message:
Date: August 6, 2009 9:55:08 AM EDT
Subject: Cash for Hummers
Source: John Stossel's Take
President Obama touted his "Cash for Clunkers" program as a boon to the environment that will "help lessen our dangerous dependence on foreign oil, while reducing greenhouse gas emissions and improving the quality of the air we breathe."
To most people, that might mean the program would encourage the sales of new, high-mileage cars. But lest we forget, this is a government program. And that means loopholes. Patricia Murphyreports that Hummers -- along with other brutes like the Chevy Silverado and Ford Explorer -- are considered "fuel efficient" enough to qualify for the program.
The guidelines in the House-passed bill state that large SUVs and trucks, typically considered gas guzzlers in everyday conversation, qualify for the $3,500 credit, and in some cases the $4,500 credit, depending on the trade-ins that come through the door for them. New Category 2 trucks -- like the Hummer H-3, Ford Explorer, Chevy Silverado, and Toyota Tundra -- qualify if they get at least 15 MPG combined, and get at least one mile per gallon more than the car or truck being traded in.
So next time you see a Hummer on the road, give its driver a wave. He's helping to "lessen our dangerous dependence on foreign oil, while reducing greenhouse gas emissions and improving the quality of the air we breathe."