The cash for clunkers deal was big scam, the people who traded in their cars and got $4500 are going to get a 1099 for the $4500, not sure how that is legal since they traded in a vehicle.
The dealerships jacked up the price of the new cars, so these people traded in a vehicle and didn't get any real value out of it, now they have a 1099 coming and will have to pay taxes on it as income.
the cash for clunkers is costing the government about $24,000 per vehicle sold.
this is the same government that wants to run healthcare.
BTW all constrcution companies that employ 5 people or more will have to provide and pay for healthcare insurance for all of their employees.
That means a lot of people will end up losing their jobs.
There is no "penalty" saying you cannot mark up and resell the windows...that is standard business. The IRS does'nt care how badly you rake somebody over the coals with per window either...since the HO's were the ones smart/dumb enough to fall for the price. That'd be no different than thinking they'd crack down on the car dealers during the cash for clunkers rush...do you think stealerships sold cars at cost? heck no....and neither will we, the customer jsut gets a credit that 90% will never be able to use on what the product itself cost them.