Obama – the economic stimulus genius that he is – has a great freebie for everyone: free golf carts!
There is a federal tax credit on the heels of Cash for Clunkers that provides from $4,200 to $5,500 for the purchase of an electric vehicle. According to the Wall Street Journal, when you combine this with some state incentives – you can practically pay for the entire cart.
The IRS has qualified golf carts for the electric car credit as long as they are road worthy. Add some mirrors, seat belts and a horn and off you can go to the neighborhood bus stop, nearby soccer game, or shopping center as easy as playing the front nine.
As fun as that would be….consider what a huge waste of taxpayer money.