Should Americans be granted dollar for dollar tax credit for energy conserving home improvements?
Solar hot waters, triple pane windows and insulation are definitely a step in the right direction [I'm not anti-conservation just anti-hysterical] yet many poor and middle class homeowners simply cannot afford these "upgrades". Since it is in the nation's infrastructral best interest, shouldn't homeowner's get some relief?
Asked By: Charles G - 1/24/2008
Best Answer - Chosen by Asker
Yes--and it makes good economic sense. Providing such incentives would do a lot more than just help cut energy use. By helping people who can't otherwise afford the up-front costs, it also means they will have long term savings--helping them even more and creating more disposable income--thereby increasing consumer... More
Answered By: crabby_blindguy3 - 1/24/2008
Additional Answers (3)
Some relief yes, and it is currently available in the tax code. (although it will expire if the Presidents tax breaks are not renewed) However a dollar for dollar credit essentially has the government paying for it and that would prove to be impractical. There would be no incentive for people not to do it and the... More
Answered By: Robert W - 1/24/2008
No. These things are expensive for a reason. The reason is they are hard to make, take lots of people working long hours and lots of energy to make. It would totally mess up the economy of the world. Economy is not a dirty word. It is not about money. It is related to the word Ecology; both words start with "Eco". It... More
Answered By: campbelp2002 - 1/24/2008
why do people expect to get money back for conservation and or helping save the environment for conservation you get to save money on your home utilities.on environment you get to enjoy fresh air these are the problems society has caused so why should we benefit financially to clean up our own mess the benefits to... More
Answered By: john c - 1/24/2008
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