View Single Post
Old 09-30-2006, 01:20 PM   #76
xoxoxoBruce
The future is unwritten
 
Join Date: Oct 2002
Posts: 71,105
Quote:
Originally Posted by footfootfoot
I think it is corporate welfare. I seem to remember a few years back congress giving detroit auto makers about 3 grand for every SUV sold. This is off the top of my head and probably a viscous rumor. Youknow how they start, maybe someone who is more concerned than I may be able to verify this.
I think what you are referring to is a tax break for busnesses to buy trucks, that backfired because most SUVs are classified by the feds as trucks. Many small business owners took advantage to buy new toys and family transportation with a big tax break.
__________________
The descent of man ~ Nixon, Friedman, Reagan, Trump.
xoxoxoBruce is offline   Reply With Quote