Topic: free golf carts stimulus
misstina2's photo
Wed 02/10/10 06:02 PM
Edited by misstina2 on Wed 02/10/10 06:05 PM

After money from the "stimulus" bill was spent on destroying perfectly good cars and building an Airport for Nobody, the WSJ reports that government has found an even more ridiculous way to spend your money: free golf carts.

"The purchase of some models could be absolutely free," Roger Gaddis of Ada Electric Cars in Oklahoma said earlier this year. "Is that about the coolest thing you've ever heard?"
The golf-cart boom follows an IRS ruling that many golf carts qualify for the electric-car credit.

Tony Colangelo, in Florida, calls himself "golf cart man" and is already advertising free carts.

Golf Cart Man is referring to his offer in which you can buy the cart for $8,000, get a $5,300 tax credit off your 2009 income tax, lease it back for $100 a month for 27 months, at which point Golf Cart Man will buy back the cart for $2,000. "This means you own a free Golf Cart or made $2,000 cash doing absolutely nothing!!!"

I thought this giveaway was outrageous enough that it would embarrass Congress into killing the tax credit. I thought the media would be all over Colangelo, after the WSJ story. I was wrong. When we called him, he said, “I’ve never had so many phone calls,” But most of the calls come from potential golf-cart “buyers.” Colangelo said he had received some e-mails from newspapers, but my researcher was the first reporter with whom he’d spoken.

He also said the golf-cart credit is a very good thing. Good for the politicians:

It’s all [about] going green. They want all those gas vehicles off the street. They’d rather have the electric than anything.

And good for the average person:

I never, in my entire life, got anything back from the government and I’ve always paid taxes. Why shouldn’t the people who worked hard for their money get something back?

Because government shouldn’t be in the business of taking money and giving it back! That just gives the venal cretins more power over our lives.

Read more: http://stossel.blogs.foxbusiness.com/2009/10/19/free-golf-carts/#ixzz0fBlNyXtJ
Just passing this along.Do you think this is tax money well spent?

cashu's photo
Wed 02/10/10 06:11 PM
congress did this a couple of years ago too .

willing2's photo
Thu 02/11/10 03:18 AM
If I didn't have to give up my soul, I'd be an elitist also.scared