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Sun, Oct 23rd, 2011, 06:00 pm
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| State tax breaks http://www.usatoday.com/money/perfi/...ves/50884024/1
. . . The 52 MPG we get has always been enough for me. If something is offered, I always say 'Thank You' but these tax policies never factored into our purchase decisions.Incentives for pure electric and alternative-fuel vehicles are still being offered in states including Georgia and Illinois, but Connecticut, South Carolina, New Mexico and Washington are among states where at least some tax exemptions and credits for fuel-efficient cars and hybrids have expired, according to the U.S. Department of Energy Alternative Fuels and Advanced Vehicles Data Center. •InConnecticut: A nearly 20-year-old sales tax exemption for alternative-fuel vehicles and, later, hybrids was discontinued last year. The state, which is facing a $3.7 billion deficit, estimated in 2009 it was losing up to $2 million a year in revenue on it. •In Washington: A state sales tax exemption for hybrids and high-mileage cars expired in January. •In South Carolina: A $2,000 tax credit for plug-in hybrids ended last year. •InNew Mexico: An excise tax exemption for new cars that get at least 27.5 miles per gallon expired in 2009. On the federal level, a tax credit of up to $3,400 for hybrid gas-electric cars expired in December 2010. . . . Bob Wilson |
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