QCNR -
"The H2 is a tax loophole. Under Bush's new tax plan, business owners can deduct the entire cost of their $55,000 H2. If you are in the highest tax bracket, that's a tax savings of nearly $20,000! The government rewards you more savings for buying an H2 than you'd get for buying an electric car. "
You would have to claim it as a business vehicle and on top of that it was a one time thing.. That loop hole has been closed already so it won't happen again anytime soon..
"The H2 is a tax loophole. Under Bush's new tax plan, business owners can deduct the entire cost of their $55,000 H2. If you are in the highest tax bracket, that's a tax savings of nearly $20,000! The government rewards you more savings for buying an H2 than you'd get for buying an electric car. "
You would have to claim it as a business vehicle and on top of that it was a one time thing.. That loop hole has been closed already so it won't happen again anytime soon..