3 ms·

Weren't there even tax cuts provided to those who bought big SUVs?

• jacobolus 11y ago
  Yes, if I understand correctly, cars can qualify as a business expense, but the tax credit limit is $25,000 for heavier vehicles like SUVs, compared to ~$11,000 for cars. (I’m not an expert on this subject; those are numbers from a quick web search.) Personally I find it pretty distasteful that tax deductions intended for business vehicles can so easily be used on people’s personal commuter cars. Everyone else is pretty much giving a handout to the auto industry at that point, while also encouraging the purchase of more dangerous and more environmentally destructive vehicles.