It seems the rollback on how much you can deduct on your taxes for buying a hybrid has been postponed. The original $2,000 deduction is still allowed for 2004 and 2005 tax filing. The new figure of $1,500 won't be imposed until 2006. This should make automakers like Honda, Toyota and Ford pretty happy since I'm sure more than one salesman tries to play down the higher price tag with promises of savings come tax time. This interesting article also says buyers of electric vehicles get a $4,000 tax credit, a considerable chunk of change. Does anyone make electric cars anymore?
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