Recent News on free golf carts

There is an IRS ruling that many golf carts qualify for the electric-car credit.

The federal credit provides from $4,200 to $5,500 for the purchase of an electric vehicle, and when it is combined with similar incentive plans in many states the tax credits can pay for nearly the entire cost of a golf cart.

Leave it to the government to spend taxpayer money intended for alternative fuel vehicles to pay for a ride around the country club.

Consequently golf cart sales have gone through the roof.

Qualifying golf carts have to have safety features, such as side mirrors and harness-type seat belts and be “street legal.”

Kind of similar to “cash for clunkers” this is very expensive stimulus and the taxpayers are on the losing end.

http://www.examiner.com/x-19663-LA-Legal-Examiner~y2009m12d10-Tax-credits-pay-for-free-golf-carts

Is the government doling out free golf carts this holiday season? If you heard that some where you heard it right. According to a lot of my golfing buddies, IRS has made a ruling that many golf carts which run on electricity are qualifying for the green tax credit (electric car credit).

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