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Politics : The Environmentalist Thread -- Ignore unavailable to you. Want to Upgrade?

To: miraje who wrote (13858)	6/17/2007 7:19:45 PM
From: neolib	Read Replies (1) \| Respond to of 36917

Strangely enough, the market works (a concept that many politicians can't seem to grasp).. LOL! "The market" has a rather serious distortion in it. Changes to Section 179 last year, commonly called the SUV Tax Deduction, expanded this popular tax break from $25,000 to $100,000 and lifted depreciation schedules. This combination of factors effectively allows anyone who uses a vehicle in their business at least 50% of the time to buy the biggest and most expensive SUV and write it off in one year. Here is the SUV Tax Deduction - Vehicle List. This created a huge incentive for anyone running their own business to purchase that luxury Escalade or BMW X5 and enjoy a hefty tax advantage for 2004. You can find the Tundra (and many more gas hogs) on the list here: selfemployedweb.com Toyota's Tundra just helped level the playing field for the Japanese vs. the US Co's going after the farming and construction business. Indeed, the market works!