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Started By
Message
re: Trump administration proposing a $10,000 tax credit for buying a new American made auto.
Posted on 1/16/26 at 5:45 pm to Longhorn Actual
Posted on 1/16/26 at 5:45 pm to Longhorn Actual
quote:
Why do I need to subsidize someone else's new vehicle purchase again?
Because Trump is a populist.
0
Posted on 1/16/26 at 5:53 pm to Powerman
The economy is fine, people are just over with paying $70,000 for an f150 that’ll have 12 recalls the first year and won’t last 7-8 years before it’s ready for the scrap pile.
Posted on 1/16/26 at 5:57 pm to bhtigerfan
No. Why subsidize the unionized labor plants of GM/Ford over the expense of Hyundai, Toyota, etc., that employ workers in Georgia, Alabama, Texas, etc? And is Fiat Chrysler even an American company? 
Posted on 1/16/26 at 6:20 pm to bhtigerfan
quote:FIFY
a $10,000 tax credit for financing and deducting the interest paid for a new American made auto.
Posted on 1/16/26 at 6:26 pm to Powerman
quote:
Completely different This is an attempt to help American auto makers
Intent matters?
Posted on 1/16/26 at 6:39 pm to Knight of Old
quote:US car manufacturers are doing so great they need a subsidy (in addition to the tariffs). Who's tired of winning?
But the economy is failing!!!…
Posted on 1/16/26 at 6:40 pm to Longhorn Actual
quote:Election votes won't buy themselves. MOAR free stuff for erry'body!
Why do I need to subsidize someone else's new vehicle purchase again?
Posted on 1/16/26 at 7:00 pm to bhtigerfan
Please give 50k wranglers away for 30k…
Posted on 1/16/26 at 7:00 pm to Powerman
quote:
This is an attempt to help American auto makers
I remember when the auto makers helped out the American people and took all of the used cars off of the market.
Posted on 1/16/26 at 7:02 pm to bhtigerfan
What is made in the USA besides Tesla?
Posted on 1/16/26 at 7:03 pm to Taxing Authority
quote:
US car manufacturers are doing so great they need a subsidy (in addition to the tariffs). Who's tired of winning?
Yup
He's talking about letting the Chinese set up plants here as well. He knows manufacturing jobs are not doing well.
Posted on 1/16/26 at 7:04 pm to bhtigerfan
Its just going to inflate prices. Happens every time In the industry. If prices remained stagnant it would be a boon tho
Posted on 1/16/26 at 7:20 pm to sgallo3
quote:
Just in, car prices raised $6-8k across the board
This, and it will add to the deficit.
I get the purpose, but it’s not a good idea. Lower regulations so cars can be made cheaper and manufacturers can make cars in demand without needing token models like EVs and compact cars that nobody wants in order to meet fuel standards. Sales of cars people want subsidize those models that dont sell. Eliminate those, and cost of cars we want can decrease
Posted on 1/16/26 at 7:27 pm to Jbird
More irony for those of you that view things through the lens of MAGA vs Marxism. Trump’s idea sounds like government tinkering with the private economy.
Posted on 1/16/26 at 7:41 pm to VOR
How many times did you vote for Kamala?
Posted on 1/16/26 at 8:05 pm to bhtigerfan
Is this on top of also writing off new car interest cost from tax liability?
Posted on 1/16/26 at 8:05 pm to bhtigerfan
quote:
Trump administration proposing a $10,000 tax credit for buying a new American made auto
You’ll need to save that $10k for new main bearings, rod bearings, lifters, camshafts, valve bodies, and clutch packs.
Posted on 1/16/26 at 8:19 pm to bhtigerfan
Would not apply for individuals making more than $100,000 or couples making more than $200,000
Posted on 1/16/26 at 8:21 pm to ArcticTiger
quote:
Would not apply for individuals making more than $100,000 or couples making more than $200,000
Welfare redistribution of wealth to the poors. Shameful.
Posted on 1/16/26 at 8:22 pm to Powerman
quote:
This is an attempt to help American auto makers
Not exactly.
It's an attempt to be able to say, "See, 'muh tariffs worked! People bought more American cars this year!"
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