09-09-2012, 08:20 PM
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It's 42
Industry Role:
Join Date: Jun 2010
Location: Global
Posts: 18,083
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I have been redoing my home the past few years -- rebuilding a good part of it and buying energy rated appliances with tax credits.
I will probably get a $100 tax credit on the silly new dishwasher I bought -- bought with the tax credit considered -- last year the new roof and furnace $525 energy tax credit.
$7,500 to $15,000 Electric Car Tax Credit
Quote:
The Emergency Economic Stabilization Act of 2008 (EESA) and the American Recovery and Reinvestment Act of 2009 (ARRA) created two new tax credits for various types of electric vehicles, which may include what are commonly referred to as neighborhood electric vehicles.
EESA created a tax credit for vehicles that have at least four wheels and draw propulsion using a rechargeable traction battery with at least four kilowatt hours of capacity. For 2009, the minimum credit is $2,500 and the credit tops out at $7,500 to $15,000, depending on the weight of the vehicle and the capacity of the battery.
http://www.irs.gov/uac/Tax-Breaks-Av...ctric-Vehicles
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Invest in the future when possible or if practicable is my point ... This will create jobs, less energy use and less hydrocarbon pollution in urban areas too. And in the end game; get back some of the tax dollars you resent paying :P
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