The Golf Cart Stimulus: A Little Background

John C Triolo, Golf CarCatalog.Com

Recent articles in the Wall Street Journal & on FoxBusiness.com, and featured stories on TV news have revealed there is a federal tax credit for the purchase of a ‘golf cart’. This Cash for Clubbers stimulus package has the print media & the talking heads worked up into a fine lather, not to mention a public that doesn’t understand what these¬†vehicles really are. As part of the American Recovery & Reinvestment Act, the purchase of a so-called ‘golf cart’ now qualifies for a federal tax credit of¬†up to $5500.00, compliments of your local taxpayer, provided the cart is ‘road worthy’. Some states are adding their own tax credit for buyers. At any rate, from the articles and stories sited it appears the authors know very little about ‘golf carts’ or its red headed step child, the Low Speed Vehicle. Let’s take a closer look at the evolution of the ‘golf cart’ over the past 55 years. Continue reading