The Federal Tax Credits Blog

Posts Tagged ‘tax credit electric cart’

Question: Which non profit org. would want to buy my electric cart?

i bought 2 of these for tax credit:

http://www.freeelectriccar.com/?gclid=CIX07MGX5J4CFSWlagod7C74Iw

so i basicly got them free,

i got no need for them so i want sell them,
but im only allowed to resell to a non-profit, what type of organization would want to buy them from me?

Answer: No nonprofit is going to buy them; they will likely be glad to accept a donation of either one or both.

Nissan’s All-New Electric Car Undercuts Chevy’s Volt, Is It MORE Attractive Now?

**Thanks to topneuro for the tip! NEW YORK (CNNMoney. com) — Nissan announced Tuesday that its Leaf electric car will come with a sticker price of $32,780. But after a federal tax credit of $7,500, the car will only set you back about $25,280.

Question: Is this an example of responsible spending in these economic times?

Our current administration allows a $6400.00 tax credit for the purchase of an electric car. According to John Stossel, a golf cart is considered an “electric car”. The cost of a golf cart? One can be purchased on-line and even shipped for around $5500.00. My “tax credit” would yield me a handsome $900.00 profit. Wow… is this how democrats deal with problems?
Gop: Well I guess we’ll be dependant on foreign oil until the libs allow us to drill for our own. Truth hurt?
Randi and Jeni: The same question was asked to Stossel who studied the credit, and it is absolutely NOT based on profit. There is a movement afloat to change this, but it should have been thought through in the beginning.
Ron R. Yes it is, it’s not legal on interstates. Besides, I won’t drive it, I’ll try and resell it after my credit and capitalize on my profit.

Answer: Allows $6400 tax credit, that’s maximum amount. If you bought a $5500.00 golf cart I can pretty much guarantee you won’t get $6400 back from the government.

German Economy On Brink Of Radical Restructuring

The German economy coped astonishingly well with the global crisis in 2009. But in 2010 it will need to lay the foundations for a radical restructuring if it wants to cope with chronic overcapacity in its aging industries and fend off powerful new competitors from China and India.

Glenn Beck and John Stossel discuss electric car tax credit.AVI