Quote:
Originally Posted by Emmerich
Lets do the math here. $750MM bucks translates to 30,000 vehicles over 5 years. 6,000 per year. Do they actually sell that many (and remember-this is only business sales)? Plus the H3 does not qualify since it is too light. So do they sell 6,000 H1 and h2's to businesses per year that are doing it to scam taxes?
How many BUSINESSES will run out and buy a Hummer as a business vehicle, if it didn't do the task of the business? Thats stupid. If it can be used by the business, then it is a legitimate tax deduction. I imagine there are those out there doing this, but my guess it is a minority, and the repeal of the tax is just a P.R. act for some politician.
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The tax credit isn't just for Hummers, it's for any vehicle over 6000#. They have just nicknamed it the Hummer bill.