Want free petrol? Buy a gas-guzzler.

In another dazzling display of incompetancy, owners of gas-guzzling SUVs and other heavy vehicles who use them entirely for business can get "President" B*sh and his government to pay for four or more years of fuel costs - in the form of tax breaks. It's hard to think of a worse formula for wrecking the country further.
This (well-publicized) tax break applies to vehicles with a gross weight of at least 6,000lbs. ie. the weight of the vehicle full of petrol, passengers and cargo. Because of this, gross weight can be a good deal more than the empty weight of the vehicle.
41 domestic and 15 foreign SUVs qualify for this tax break. The hideous Porsche Cayenne is among them. As a consequence, those claiming 100% business use of these SUVs can deduct 100% of the $89,665 price of the Porsche Cayenne Turbo. That write-off represents an immediate income tax savings of $31,383.
That's a lot of petrol.


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