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Old 07-09-2006, 09:21 PM
worthywads worthywads is offline
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Real Name: Steve
Location: Ppls Rep. of Boulder
Posts: 480
Default Re: Hybrid tax credits beginning to phase out

Quote:
Originally Posted by AshenGrey
It's comforting to know that the Bush Administration's $25,000 tax deduction on gas guzzling hulks will NEVER expire. Geez! Lemme go git a $75,000 Caddilac Escalade that pollutes to high heaven and gets 7 MPG in rush hour traffic.
I think this obscene giveaway expires in October 2007. Doesn't mean it won't get extended. Seems it originated in 1997, well before Bush started screwing things up. Unfortunately $25,000 is a minimum, much more can be had with bonus depreciations.

http://www.ucsusa.org/clean_vehicles...e-credits.html

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