Tuesday, February 10, 2009

Cash for Clunkers

To whom it may concern,

A provision coined "Cash for Clunkers", modeled after a successful California program with quantifiable emissions reductions, was removed from the stimulus bill. Instead, the Senate version included an amendment that would deduct the interest one pays on their car loan as well as the sales tax charged in the purchase for any car. While I understand the need to stimulate this industry in particular, must we do so in a way that neglects strategic benefits for sheer profit?

GUNNAR HAND, AICP

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