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tax credits

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    Report: How Washington's fiscal cliff deal helps NASCAR and electric motorcycles

    With the so-called fiscal cliff looming like a New Year's Day hangover, US lawmakers were able to strike an eleventh-hour deal that should prove beneficial to couples making less than $450,000 a year. Like any piece of US legislation, though, there was enough pork stuffed inside to ensure ...

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    Report: $33M in EV tax credits went to buy unqualified vehicles

    Is a bicycle an electric vehicle? How about a Hummer H3? These are some of the things that Americans claimed were hybrids, alternative-powered or plug-in electric vehicles on their tax forms, reports USA Today. What's more, the false claimants managed to get $33 million back from the federal ...

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    Senator calls for tax incentives on all new-car sales

    When automakers are throwing thousands of dollars of incentives on the hoods of their wares in an effort to stimulate sales, what good would another $1,500 on a $25,000 car do? As the recent sales numbers show, buyers aren't being taken in by the constant sounding of the "SELL SELL SELL!" klaxon. ...


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