-------- Original Message -------- Subject: Re: [IP] Tax breaks for SUV's Date: Sat, 18 Feb 2006 23:34:12 -0800 From: Joe Touch <[EMAIL PROTECTED]> To: [EMAIL PROTECTED] References: <[EMAIL PROTECTED]>
Dave, The deduction for work vehicles is a cute trick but known for a long time. What would happen to these owners of commercial-weight vehicles if they couldn't use them in their own residential areas? http://www.ci.manhattan-beach.ca.us/municode/Title_14/48/020.html Joe Dave Farber wrote: > > -------- Original Message -------- > Subject: Tax breaks for SUV's > Date: Sat, 18 Feb 2006 20:49:29 -0500 (EST) > From: [EMAIL PROTECTED] > To: [EMAIL PROTECTED] > > > > "Federal tax rules that took effect last month allow a credit of up to > $3,150 > for anyone buying a hybrid car. The credit is the same regardless of tax > bracket. > However, owners of small businesses who buy a Hummer, Ford Excursion or > other > SUV weighing more than 3 tons get a deduction of up to $25,000 — depending > on tax bracket — if they use the vehicle exclusively for work. > The benefits don't stop there. Once they subtract the $25,000 from the > cost > of their 3-ton SUV, small business owners can deduct the depreciation on > the > remaining amount. Someone who bought a $60,000 SUV, for example, can > claim the > remaining $35,000 over six years." > _http://news.yahoo.com/s/ap/20060218/ap_on_bi_ge/suvs_tax_breaks;_ylt=Ai9OXKlD > wlVWUrnoqpmDDZIDW7oF;_ylu=X3oDMTBiMW04NW9mBHNlYwMlJVRPUCUl_ > (http://news.yahoo.com/s/ap/20060218/ap_on_bi_ge/suvs_tax_breaks;_ylt=Ai9OXKlDwlVWUrnoqpmDDZIDW7 > oF;_ylu=X3oDMTBiMW04NW9mBHNlYwMlJVRPUCUl) > > > ------------------------------------- > You are subscribed as [EMAIL PROTECTED] > To manage your subscription, go to > http://v2.listbox.com/member/?listname=ip > > Archives at: http://www.interesting-people.org/archives/interesting-people/ ------------------------------------- You are subscribed as [email protected] To manage your subscription, go to http://v2.listbox.com/member/?listname=ip Archives at: http://www.interesting-people.org/archives/interesting-people/
