Comments on: The Cash For Clunkers Program Will Not Work

By: Tax Rules And Consequences Of The Cash For Clunkers Program « Technology Strategy Center

Sun, 06 Sep 2009 02:40:24 +0000

[...] question of whether you’ll have to pay taxes on the credit for state taxes is a bit more murky. From the cars.gov FAQ: Do I have to pay State or [...]

By: -> Tax Rules And Consequences Of The Cash For Clunkers Program | Bible Money Matters

Mon, 31 Aug 2009 04:34:21 +0000

[...] question of whether you’ll have to pay taxes on the credit for state taxes is a bit more murky. From the cars.gov FAQ: Do I have to pay State or [...]

By: John Booker

John Booker — Thu, 20 Aug 2009 18:09:00 +0000

No. Not possible. Donating to an individual is never deductible. Neither is donating it to a charity under the condition that they give it to someone in particular. Besides, a tax deduction is only worth 25 cents on the dollar or so for taxes. Starting saving your money. That is the only way.

By: Cash For Clunkers Program Gets An Extra $2 Billion, Fails Miserably - Amateur Asset Allocator

Fri, 07 Aug 2009 11:00:21 +0000

[...] popular but ill-fated Cash For Clunkers program got a much-needed cash infusion in the face of significant criticism (including my own) [...]

By: sandra powers

sandra powers — Sun, 26 Jul 2009 11:32:04 +0000

once again middle american I don’t qualify for a rebate-car is old enough, not worth anything, but according to the government it gets 20 miles per gallon, would they please come drive it for me to get that mileage?

By: karenc

karenc — Thu, 23 Jul 2009 15:56:24 +0000

I agree with your persceptive. Those who have cars that don’t qualify can get a tax deduction through charity car donation.

By: Jaxon

Jaxon — Wed, 22 Jul 2009 20:24:16 +0000

It’s already not very good to consumers (even before the launch) with all the scams. Buyer beware: scams are popping up with this program as we speak, make sure to consult this checklist: http://tinyurl.com/nlv3ed