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well not really on hybrids Tax breaks for SUV'
From: Dave Farber <dave () farber net>
Date: Sun, 19 Feb 2006 08:53:48 -0500
-------- Original Message -------- Subject: Re: [IP] Tax breaks for SUV's Date: Sat, 18 Feb 2006 21:04:22 -0500 From: Turner, Jim <Jim.Turner () mail house gov> To: 'dave () farber net' <dave () farber net> There is even a catch on the :ybrid credit. You lose it if you are subject to the alternate minimum tax. -------------------------- Sent from my BlackBerry Wireless Handheld -----Original Message----- From: Dave Farber <dave () farber net> To: ip () v2 listbox com <ip () v2 listbox com> Sent: Sat Feb 18 21:01:35 2006 Subject: [IP] Tax breaks for SUV's -------- Original Message -------- Subject: Tax breaks for SUV's Date: Sat, 18 Feb 2006 20:49:29 -0500 (EST) From: EEkid () aol com To: dave () farber net "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=Ai9OXK lD wlVWUrnoqpmDDZIDW7oF;_ylu=X3oDMTBiMW04NW9mBHNlYwMlJVRPUCUl_ (http://news.yahoo.com/s/ap/20060218/ap_on_bi_ge/suvs_tax_breaks;_ylt=Ai9OXK lDwlVWUrnoqpmDDZIDW7 oF;_ylu=X3oDMTBiMW04NW9mBHNlYwMlJVRPUCUl) ------------------------------------- You are subscribed as Jim.Turner () mail house gov 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 lists-ip () insecure org To manage your subscription, go to http://v2.listbox.com/member/?listname=ip Archives at: http://www.interesting-people.org/archives/interesting-people/
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- well not really on hybrids Tax breaks for SUV' Dave Farber (Feb 19)