well not really on hybrids Tax breaks for SUV'

[Dave Farber <dave () farber net>]

-------- 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.
--------------------------
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-----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)


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