Friday, August 28, 2009

Suckers!

Some Surprised By 'Clunker' Tax

Obama giveth, and Obama taketh away:

But many of those cashing in on the clunkers program are surprised when they get to the treasurer's office windows. That's because the government's rebate of up to $4500 dollars for every clunker is taxable.

"They didn't realize that would be taxable. A lot of people don't realize that. So they're not happy and kind of surprised when they find that out," Nelson said.

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