Bush has been looking to expand the tax break on hybrid cars for a while, now. Or, at least, he's been talking about it. Now that the Democrats are looking to repeal oil company tax breaks (but not too all of them, read the story), Democrats feel like they need to get into action.
Buyers of Toyota hybrids have already had their tax break halved. Honda, Ford and GM hybrid buyers probably won't run into this problem before 2010 when the tax break expires. So, lawmakers must be talking about extending the 60,000 unit mark to extend the full tax credits.
Buyers of Toyota hybrids have already had their tax break halved. Honda, Ford and GM hybrid buyers probably won't run into this problem before 2010 when the tax break expires. So, lawmakers must be talking about extending the 60,000 unit mark to extend the full tax credits.
Follow me on Twitter
No comments:
Post a Comment
Comments posted on Hybrid Car Review will be moderated. Please avoid dropping links just for the sake of links. The comment will be deleted shortly after. Keep comments on topic and non-abusive. Thanks!