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In the News

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Saturday, January 25 2003 9:21am EST
by Jim Plungis
SUV tax break may reach $75,000
President Bush's economic stimulus plan could triple the size of a little-known tax loophole that some small business owners are using to finance purchases of large SUVs.

One of Bush's proposed tax cuts would raise from $25,000 to $75,000 the amount small business owners -- including doctors, lawyers and financial advisers -- can write off when buying an SUV for business purposes.

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CBS article

 

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