Hold on for a real doozie...did you know that Hummer owners in Texas and Alaska among other states have been given tax breaks for owning the large gas guzzling cars? What the heck is going on here? Have I missed something as I struggle through the current gas crisis and the most recent explosion of information about our current state of environmental affairs?
Dumbfounded after hearing about this during a casual conversation in Texas, I immediately researched to find out if this could possibly be true, and if so, which loop hole this snuck through. Well, wouldn't you know it, until about a year ago, Luxury SUV buyers were able to take advantage of an obscure glitch in a 1970's tax code that was designed to benefit small farmers and self employed workers when buying heavy farm machinery and trucks by exempting them from paying the luxury car tax that was in effect at the time. The intent of the exemption makes sense right? But the real news is about the abuse of the exemption by high end SUV purchasers.
I could go on but the point here is...
We need to make important well informed decisions today for tomorrow. And we need to look at the cost effectiveness of those decisions. What may appear to be a money saver up front, may end up costing much more in the end. Please for the sake of our future, our children, let's force ourselves to adjust our need for immediate gratification in favor of a cleaner, more life affirming lifestyle. Turning a blind eye or convincing ourselves that it is someone else’s problem, will not help our grandchildren and future generations.
Buy or lease a hybrid when you next need a new car. At least read up on the issue before you make your decision on what to purchase.
You won’t regret it. Better yet, your future will thank you!