Sunday, October 30, 2011

Volt

Here is short but sweet example of American ingenuity resulting in an unexpected consequence based around the good intentions of a government program. It seems that the government is offering a $7,500 tax credit (a credit is money you subtract directly from taxes you owe) so some dealers are buying Volts, taking the credit for themselves and then selling the Volt as a used car with Zero mileage. What a country!

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