Sunday, November 1, 2009

You Can't Make This Up

In its attempt to get people to buy electric cars, the Obama administration provides a federal tax credit of up to $5,000 to subsidize their purchase.

Golf carts, which are electric-powered, are covered by this program. And when combined with subsidies provided by state government, up to 100% of the golf cart's price can be free.

While there may be no free lunch, with the advent of the Obama administration, there are free golf carts.

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