Congress now has sent its "Cash for Clunkers" bill to President Obama to sign into law, but most Americans oppose the plan to encourage people to trade in old cars for new, more fuel-efficient models. Few adults plan to take advantage of the program at this time. A new Rasmussen Reports national telephone survey shows that 54% oppose the "Cash for Clunkers" proposal.


Cash for clunkers will devastate car donations to charities because the amount of the voucher is so much greater than the tax deduction. A simple solution to boost car sales would have been to just go back to allowing people to take the blue book value of their car as the tax deduction for donating it to charity. Most cars that are donated to charity are recycled. Those that aren't have to be roadworthy and pass inspection before they car be sold or given to the public. The result is less polluting vehicles on the road.
Karen Campese
Cars4Charities
http://www.cars4charities.org
Posted by: karenc | June 24, 2009 at 10:05 AM