golf cart association
Did you know that a part of the stimulus package had a clause that gets a tax reduction if you buy an electric car? And did you know that this cut away This includes legal golf carts? Well, you can a $ 4000 credit on your taxes if you buy a golf cart before January 1, 2001, while street legal. Well, not like you, was the golf manufacturing industry to to this line in the stimulus package bill? Yes, as you said, would be lobbying, you are correct.
Of course, this is not a $ 4000 rebate good for all types golf carts only on some models of some manufacturers. Interestingly enough, not like you, they wanted the manufacturers and models to the $ 4000 credit? Yes, as you said You could lobby right. But what about all the other manufactured golf cart, the golf carts that do not comply with the specific rule? One must wonder why they do not comply.
The reason is simple, the golf cart Association, and the largest golf cart manufacturer control of the game, and they have the criteria and characteristics of those who used their cars to be for the discount. They have their counterparts in the top left on what is the biggest boom in the golf cart sales in the last 10 years. Many golf cart sales, which sell road legal golf carts to say that in the past three months, they have sold more golf carts than in the past five years.
That's all well and good, unless I was doing research Before I bought my golf cart to save $ 4000 on my taxes, I noticed that there are few companies that qualify. And one of the company is a Chinese company, the production taken on the design of the golf cart-trucks American companies. In fact, the design of a golf cart they copied the U.S. company is not for the tax.
This concerns me, because I know that U.S. importers of Chinese products, with Senators in their back pocket in almost all industries from cars to computers. So one must ask or we encourage the Chinese economy, so that the electric cars and car, or if we, the American economy is so encouraging that the U.S. jobs could be created building more cars here can build on.
It shows that Chinese cars are cheaper, so anyone can buy this really a golf cart, get the tax credit and have less than $ 2000 total purchase price, after they received a discount on their taxes. May I ask, please, why all that in our government? Why our government is used for companies to play favorites, and why senators are set so easily bribed by lobbyists for special little notations in omnibus spending bills that nobody has time to read before they sign and vote on them?
To me, this is completely bullpucky and there is much happening too often. I'm not happy, I'm not impressed, and I feel because it is a slap in the face of the American free enterprise system, or lack thereof.
Lance Winslow is a retired Founder of a Nationwide Franchise Chain, and now runs the Online Think Tank. Lance Winslow believes in honest government and Adam Smith.
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