Wednesday, June 1, 2011

GM Admits that Dealerships are Taking Chevy Volt Tax Credits

Here is another fascinating story that I have not seen reported by the mainstream media. Car dealerships are buying Chevy Volt cars, pocketing the $7,500 in tax credits for electric cars and turning around and reselling the Volts as used cars. 

Read the complete story and see another example of governmental inefficiency in writing tax policy.

Click here to read the story

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