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Tag Archives: tax


Cash for Clunkers is a GO!

As of Friday Jun 19, 2009 5:00pm, the controversial Cash for Clunkers has just passed Congress and is now heading to President Barack Obama for signature as a piece of legislation meant to help get gas guzzlers off U.S. roads and replace them with new, more efficient vehicles. Many say the act is too lenient and is merely being pushed through as a measure to help get Detroit’s unsold inventory off dealer lots. Read More »


You Want People To Go Green? Tax ’em.

For some time in the US, cars that can’t achieve a certain level of have what’s called a gas guzzler tax. It’s a somewhat reasonable tax if you want people to think green. However, a small tax is a small price to pay when you’re dropping $100,000+ for a brand new Mercedes-Benz CL63 or a $250,000 Ferrari <insert fast car here>. For those countries who have yet to mobilize via cars like the USA (China for example), the government is able to impose slightly more draconian taxes without backlash from the general population. Though I can’t say I agree with the government dictating what people’s behavior should be, it’s a more than effective method to take the “green” road. Here’s an example of some of the “tax reform” levels Chinese car buyers will see: Read More »