View Full Version : Bush urges higher tax credit on hybrids; Prius would benefit


allscion
04-26-2006, 08:53 PM
Just saw this ...

8)
Paul
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http://www.consumeraffairs.com/news04/2006/04/bush_hybrid_tax.html

President Bush says Congress ought to eliminate the limit on the number of hybrid vehicles produced by an automaker that qualify for current tax credits.

The credits took effect this year and are as much as $3,400 per vehicle. Once an automaker sells 60,000 eligible vehicles, however, the credits are phased out.

Toyota would be the big winner if the law was to be changed. The Prius will reach the tax credit ceiling by the middle of this year. ... Toyota is the acknowledged leader in hybrid production.

OldYeller
04-26-2006, 11:10 PM
The dealers jack up the price by a couple of thou on the Prius--talk about price gouging. And don't get me started on Bush............