Quote:
Originally Posted by TAG UR IT
Here's an idea on stimulating the economy....
How bout the gov't just give us ALL a tax break on the full purchase price amount! Now THERE is an idea!
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I would much rather have $7,500 cash back on the car. A tax break for me on $38,000 would only get me $3,800 back. Plus if you can only get a break up to like 5% of what you make a year if I'm not mistaken.
And a measly $7,500 deductible is crap. That means that for most people it will either increase the amount you get back come tax time by either $750 or $1,100. The only people this will convince to go buy a car who wasn't originally going to are those who think that they will get $7,500 back.