Large SUV tax break almost over?
So, you need a Hummer to sell real estate?There is another move in Congress to end the $25,000 tax deduction available to small business owners to buy the largest SUVs - those weighing over six thousand pounds.
It's amazing this deduction has survived this long with all the rhetoric coming out of Washington regarding foreign oil dependency and global warming. Hopefully, the tax deduction can be retooled to reward small business owners whom buy hybrid cars and other clean vehicle technologies.
Then again, we are talking about Congress and politicians here.
Labels: Hybrid Vehicles, tax credits



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