I was listening to an economist being interviewed recently and the subject of tax credit or deduction specificaly for Hummers used for business. Anyone know details?

Its not just hummers. Its a tax credit for vehicles with a 6,000+lb GVWR. Most of the BIG suv's as well as 250/2500+ trucks fall under that.

Jason

Yup. Depending on your circumstances tax-wise, it can be as much as a $30,000 credit.

THIS WILL EXPIRE VERY SOON!

I don't have the date but don't expect this tax loophole to last long - literally.

I know of several Toyata Sequoias bought just for that reason. I think there was also a landrover that was recalled to change the GVWR from 6001 to 6000 to get it under that limit.

Yup, a bunch of yuppies taking advantage of a tax break meant to help farmers and such buy thier F250s.

Jason

Here is the latest if anyone is still interested:

http://www.selfemployedweb.com/suv-tax-deduction-2005.htm

you could use all that credit for the gas money that you'll burn. .. (you eco-unfriendly's)