Wednesday, March 14, 2012
"EXCLUSIVE: GM Dealers Get Chevy Volt Tax Credit for Sales to Gov't"
Apparently, everyone in the auto industry is eating from the taxpayer feed bucket...
Mark Modica recently posted this at NLPC.org:
"I discovered an interesting fact while reviewing the 2011 IRS form 8936 used for the $7500 EV tax credit. While under most circumstances it is the wealthy purchasers of Chevy Volts and other high priced plug-in vehicles that get the taxpayer-funded handout, it appears that General Motors' dealerships that sell the vehicles to government entities are benefiting by being able to claim the credits. These dealers are able to double-dip into the seemingly endless pool of taxpayer funds designated for cronies of the Obama Administration under the guise of green initiatives. Not only do taxpayers pay for Chevy Volts purchased by various government 'units,' the sellers can claim the credits which were designed to help individuals be able to afford the costly vehicles.QUOTED TEXT"
