Your Car Could Get You a Tax Break

Your Car Could Get You a Tax Break


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Randall Jeppeson reporting You can already get a tax credit for buying a hybrid car. Now Utah Senator Bob Bennett is pushing a plan that would create tax credits for other types of cars, trucks, even SUVs that use more fuel-efficient technology.

The tax credit would range from $600 to $1800, and the proposed credit would be paid for by taking a tax deduction away from oil companies.

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