EVDL Administrator via EV wrote:
Now here is where my cynical side rebuts my optimistic side. :-\ I
wonder if this wouldn't just end up much like the "flexible fuel"
vehicles sold for the last several years... I can see many of these
PIHs running most or all of the time on gasoline, just like the
"flexible fuel" vehicles do today.
And, we still have that absurdly large "Hummer" tax credit for buying a
monster SUV as a passenger car. This is what created the market for
Humvees as passenger cars.
For 2013, the IRS Section 179 deduction for such vehicles was $11,160
for vehicles under 6000 lbs, or $25,000 for vehicles over 6000 lbs, and
more for even heavier vehicles. With some creative accounting, you can
deduct the *entire purchase price* of such a vehicle on your taxes.
--
If you would not be forgotten
When your body's dead and rotten
Then write of great deeds worth the reading
Or do these great deeds, worth repeating.
-- Ben Franklin, from Poor Richard's Almanac
--
Lee Hart's EV projects are at http://www.sunrise-ev.com/LeesEVs.htm
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