In his Fox News debut at 8 pm tonight, John Stossel bought an electric golf cart — and uses your tax dollars to pay for it. Tax credits for electric vehicles have become so large that in some cases they actually cover the full cost of the vehicle... your stimulus and "green jobs" incentives at work!
The federal credit provides from $4,200 to $5,500 for the purchase of an electric vehicle, and when it is combined with similar incentive plans in many states the tax credits can pay for nearly the entire cost of a golf cart...
Stossel bought his golf cart from a dealership run by Colin Riley in Tuscon, Ariz. He then checked in with more than 20 dealers in New York State and found almost all were sold out of the carts.... small wonder. Sounds like another harebrained scheme and disaster-in-the-making ala cash-4-clunkers from Obama's squad of clueless bureaucrats... idiots.