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Wednesday, February 18, 2009
Buy a Car, Avoid Paying Taxes
On Tuesday our President, Barrack Obama, signed a new economic stimulus bill to aid new car buyers. If you're in the market to buy a new vehicle or several vehicles totaling less than $40,500, you can now write-off the sales tax on next year's tax return. Check with your tax accountant. The actual amount may vary based on your tax bracket. Hopefully, this incentive will stimulate you to buy a new vehicle.
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