Eisboch wrote:
Do I understand this statement correctly ... that there is a tax
incentive to purchase a Hummer?
Yup. A business owner may purchase any vehicle with a GVW over 6,000
pounds for business purposes (wink, wink,) and take a deduction of up to
$106,000 in the first year after buying a $110,000 Hummer H1. Right now
the "opportunity" expires in 2006, but who knows...
Go to
http://www.selfemployedweb.com/suv-tax-deduction.htm for all the
gory details.
Who ever said life was fair....