Foo - Looks like a new car might give a tax break
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More info here: http://news.yahoo.com/s/ap/20090204/ap_on_go_co/congress_stimulus
Basically, sales tax and auto payment interest would be tax deductable.
Its not law yet, but if this passes the Senate, it most likely will be.
02-04-09, 02:08 AM
I read that earlier today. Boo. Freakin' boo.
Call me crazy but maybe someone could propose something similar for alternative transportation? Like a Federal moratorium on state/local sales tax on bicycles or bike parts? Of course people would take advantage of this, but it might nudge people to go two wheels instead of four.
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