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Car and SUV Tax Breaks for Hybrid Vehicles

You may not realize this but if you are going to buy a hybrid car, SUV or any similar vehicle you could get a whopping tax break. In fact few consumers have taken the government up on this offer, perhaps they do not realize that this was part of the Bill that President Bush recently signed?

If you buy a Honda or Toyota hybrid such as the Prius or Isight you could get a $2,000 deduction on your 2004 or 2005 tax return. Those in the 33% tax bracket that would cut your tax obl ...
Author: Lance Winslow
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