A tax break on new wheels. If you buy a new car, light truck, motorcycle or motor home this year and spend up to $49,500, you can deduct state and local sales taxes (most states levy about 6%). Individuals who make less than $125,000 and families making less than $250,000 qualify. You get the deduction whether or not you itemize on your return. A family that makes $150,000 a year and buys, say, a Dodge minivan could save about $420. Buy a plug-in hybrid and you could get a credit of up to $7,500.
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We can do without any article of luxury we have never had; but once obtained, it is not in human nature to surrender it voluntary.
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