2 ms·
Most middle class people in the US end up buying a car which costs approximately equal to a year's income. (Average new car price: 46k, Median Income: ~54k bef
by fooker 4y ago
Most middle class people in the US end up buying a car which costs approximately equal to a year's income.
(Average new car price: 46k, Median Income: ~54k before tax)
If tax rebates become a way to control what people can and can not afford to buy, it's just a welfare program deceptively designed for benefiting the top few percent of people drawing a steady income.
Maybe most people are buying cars they can not afford, but that is not an excuse to take away that choice.