CARS: U.S. taxpayers subsidizing pricey Volt
KENNY E. WRIGHT; Steilacoom
Re: “As gas prices rise, the Volt’s looking good” (editorial, 8-14).
The editorial should have included the net dollar loss each Volt will have for GM. Even with a price tag of $40,000, this is a loss for Government Motors. Taxpayers have given GM $70 billion, and it would have been great to share the total cost to the taxpayers for each sale over and above the $7,500 tax credit we give to the buyers.
At $40,000, I cannot afford a Volt. But each time one is sold, I make a payment through my taxes.
