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Old 06 Nov 2005, 06:10 pm
Art
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Default Re: hybrid tax credit ?

THere is a new limited tax deal for manufacturers that is pretty much
incomprehensible like most of the tax code. I believe the credit exists for
the first certain number of cars built so there will be a race to build them
but no one will know when they have gone over the limit.


"TP" <to2000ny2000nospam@nospamyahoo.com> wrote in message
news:HNWaf.38269$Bv6.18324@twister.nyroc.rr.com...
> Is it true on the hybrid tax credit? Someone told me this is the last
> year to get a 2000$ credit for putting a hybrid on the road in 2005.
> After Jan 1st 2006, the credit drops to 500$... Is there any truth to
> rumors the feds will change this to make some incentive to buy a hybrid?
>
> TP



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