rulemylife -> RE: Fall of Rome linked to climate change (1/18/2011 11:11:22 AM)
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ORIGINAL: servantforuse There is a reason that a $7000.00 tax credit is being given out to entice buyers to buy the $41,000.00 GM Volt. No one would buy it without a government subsidy. If that was a car that people wanted to buy, there would be no subsidy needed.. So I imagine you were pretty upset when this happened: Fed Tax Break Encourages SUV Purchases Thanks to a generous tax credit, Karl Wizinsky is driving a very large vehicle these days — a 2002 Ford Excursion. "It doesn't hurt to have a larger vehicle, but I wouldn't say it's a requirement of my business," he said on a cell phone while driving the Excursion. "But I ended up saving $32,000." This year, the perks of buying a large SUV — if you're a small business owner — got even bigger. Congress recently passed a tax bill, as proposed in President Bush's economic stimulus plan, that offers a $100,000 tax credit for business owners who purchase any vehicle weighing 6,000 pounds or more when fully loaded.
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