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Tax Abatement for Orange CT Town Residents - Green Cars

By
Real Estate Agent with Coldwell Banker Residential Brokerage

 ORANGE,CT - Orange forgives taxes on green cars  an article reported in the New Haven Register on February 16,2008 stated that Orange  will become the first town in Connecticut to offer a full tax abatement for vehicle that get at least 40 miles to the gallon. - Say hello Prius and goodbye Hummer.  For the full story please visit CTHomeTeamBlog.com

Steve Hula
All Star Real Estate - Clarksville, AR
All Star Real Estate - Team Hula
This is great, BUT, it appears that as America finds ways to use less and less gas, OPEC will simply cause the price to go up to insure their profits will not drop.  We must go all electric or simple water to Hydrogen production under the hood, not stored in bottles. The price of gas is having a huge negative effect on a home owner's income/debit ratio!  A few years ago when a buyer did a loan application, it did not take into account the price of fuel and the effects that this price increase has on all consumer products across the board!  When I bought my home 3 years ago, I was spending about $50 a week, or about $250 month on gas.  I now spend about 4 times that amount, around $800 a month for the same amount of gas!  I don't know many home owner's who can absorb that kind of a price jump in the monthly budget!  The price of gas has now cost many a home owner their monthly house payment!  The big oil people in Washington are making more money than ever, and their personal stake in the economy is better than ever! I hope that the working class can all just hang on until the elections!  In other countries around the world, the citizens would rebel and would not stand for their government to allow this to happen! Why do we?  I remember when the oil companies attempted to reduce oil production when Clinton was in.  He threatened to tap into our huge oil reserves. OPEC quickly brought the price of oil back down. 
Mar 11, 2008 02:01 AM