Washington Post
"'Allow me to introduce you to a fabulous opportunity,' Chris Thorpe, a sales representative for Hummer of Alaska, writes in a promotion letter. 'A tax "loophole" so big you could drive a Hummer H2 through it!
Imagine being able to purchase the #1 large luxury SUV in America today ... and receive a deduction for the entire purchase amount from your taxes this year!
Thanks to the Bush administration's recent economic stimulus package, small businesses and the self-employed are eligible to deduct the entire purchase cost of new equipment up to $100,000 the year of the purchase.
The Hummer H2 qualifies for this IRS Sec. 179 deduction by its gross vehicle weight of over 6,000 lbs.'"
http://www.washingtonpost.com/ac2/wp...nguage=printer