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Old 02-07-05, 08:51 PM
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DieselDan
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Originally Posted by alanbikehouston
Last year, the Federal government gave lawyers and other professionals up to $100,000 off the taxes they owed if they bought a new large truck or SUV. And you are worried about "grants to the poor"?
The tax exemption was to protect farmers buying large trucks for hauling commidties and equipment. The exemption became a back door loophole when certian, oversized SUVs became heavier then 6000 lbs GVR, then other busniesses could then claim them as an exemption. The tax law was changed for 2005, you now have to prove the vehicle is used for agriculture use.
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