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Home Forums MacNN Tax Breaks For Hummer Buyers — #12
Post #12 by Gankdawg
Source ForumMacNN
CategoryHardware
Post DateThu, 1 Jan 2004 - 11:01
Original URLhttps://web.archive.org/web/20050515015433/https://forums.macnn.com/showthread.php?t=195230
Post
Quote:
Originally posted by spacefreak:
The tax break is not for personal use - it's for businesses. And it's not just for Hummers. It's any vehicle classified as a truck (as determined by weight).
Businesses could always write off truck purchases. The difference this year is that the tax break allows a business to write it off all at once, instead of spreading it out over multiple years. And if a business doesn't have a significant profit that places it in the highest tax bracket, the tax break will not help them.


Yeah, I realize that. But how many of those "business" write-offs were legit?
mp.ls