ImUrOBGYN Posted February 12, 2009 Report Share Posted February 12, 2009 http://stylingperformance.search-autoparts.com/stylingandperformance/Industry+News/Cash-for-Clunkers-Withdrawn-from-Stimulus-Plan/ArticleStandard/Article/detail/580507?contextCategoryId=43339 (Story below. I've also bolded an important section for those who're interested in purchasing a new car in '09.) Washington, D.C. - On behalf of SEMA (the Specialty Equipment Market Association) and its membership, we are pleased that the $16 billion cash for clunkers program was withdrawn from consideration in the Senate Economic stimulus bill recently. Passage of such a program would cause serious dislocation in our industry and not constitute stimulus. We are equally pleased that the Senate voted to include a SEMA-supported amendment to the bill allowing taxpayers to claim a tax deduction for car-loan interest payments and excise taxes when they buy a new car in 2009. We applaud lawmakers for spending taxpayer money wisely rather than wasting dollars on programs that do not spur car sales, reduce emissions or increase fuel efficiency. SEMA looks forward to working with the House and Senate and all stakeholders on sound economic solutions to the current recession. Cash for Clunkers accelerates the demise of vehicles through the purchase of older cars, which are then typically crushed into blocks of sheet metal. Clunker programs focus on a car's age rather than its emissions, based on the faulty assumption that all older cars are dirty. SEMA continues to believe that a Cash for Clunkers program would, for no proven gain, hurt thousands of independent repair shops, auto restorers, customizers and their customers across the country that depend on the used car market. The automotive specialty aftermarket provides thousands of American jobs and generates millions of dollars in local, state and federal tax revenues. Quote Link to comment Share on other sites More sharing options...
iwashmycar Posted February 12, 2009 Report Share Posted February 12, 2009 http://stylingperformance.search-autoparts.com/stylingandperformance/Industry+News/Cash-for-Clunkers-Withdrawn-from-Stimulus-Plan/ArticleStandard/Article/detail/580507?contextCategoryId=43339 . Cash for Clunkers accelerates the demise of vehicles through the purchase of older cars, which are then typically crushed into blocks of sheet metal. Clunker programs focus on a car's age rather than its emissions, based on the faulty assumption that all older cars are dirty. SEMA continues to believe that a Cash for Clunkers program would, for no proven gain, hurt thousands of independent repair shops, auto restorers, customizers and their customers across the country that depend on the used car market. The automotive specialty aftermarket provides thousands of American jobs and generates millions of dollars in local, state and federal tax revenues. fuck that if they think thats going to get people into deomestic showrooms theyre going to be sadly mistaken Quote Link to comment Share on other sites More sharing options...
Dave1647545494 Posted February 12, 2009 Report Share Posted February 12, 2009 the last time they offered a deal like cash for clunkers the junkyard i was using to restore an old car crushed everything they had that was pre 1985 becuase the government gave them a credit Quote Link to comment Share on other sites More sharing options...
Brrcats Posted February 12, 2009 Report Share Posted February 12, 2009 screw the whole bailout, influx of fake money Quote Link to comment Share on other sites More sharing options...
Kevin R. Posted February 12, 2009 Report Share Posted February 12, 2009 screw the whole bailout, influx of fake money LOL @ fake money It is an influx of MY money, YOUR money, and especially your KIDS money. Quote Link to comment Share on other sites More sharing options...
copperhead Posted February 12, 2009 Report Share Posted February 12, 2009 No, it is fake money. It's far more than they can collect from taxes, so they are going to just make it. Fake money. Fake rich. Fake stimulus. Fake government. Quote Link to comment Share on other sites More sharing options...
Kevin R. Posted February 12, 2009 Report Share Posted February 12, 2009 No, it is fake money. It's far more than they can collect from taxes, so they are going to just make it. Fake money. Fake rich. Fake stimulus. Fake government. Oh, ok. :gtfo: Quote Link to comment Share on other sites More sharing options...
AJ Posted February 12, 2009 Report Share Posted February 12, 2009 so i bought a new truck in 2009, tax deduction for me. Quote Link to comment Share on other sites More sharing options...
Mr. Jones Posted February 13, 2009 Report Share Posted February 13, 2009 I think it's new car time Quote Link to comment Share on other sites More sharing options...
AJ Posted February 13, 2009 Report Share Posted February 13, 2009 I think it's new car time something that doesn't come with the old man hat and golf clubs? Quote Link to comment Share on other sites More sharing options...
nurkvinny Posted February 13, 2009 Report Share Posted February 13, 2009 Good. One more plan that would be frauded. Quote Link to comment Share on other sites More sharing options...
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