Quote:
Originally Posted by beowulf80
Looks like if you buy a Camaro (or any new car) you'll get a nice deduction next year.
"The agreement would allow taxpayers to deduct the sales tax paid on new car purchases, but not the interest on loans for the same vehicles"
http://news.yahoo.com/s/ap/congress_stimulus
http://latimesblogs.latimes.com/upto...xes/index.html
I fully intend on applying the tax refund I'm getting this year to boost my down payment. Somehow I doubt the Pres and democrats in Washington intended this to go to a Camaro purchase, but that doesn't bother me one bit.
And for those of you who need a picture:
That'll teach you... |
good for you America
In the UE they triple the tax on used cars to achieve the same goal
go figure