Tax Preferences for Sport Utility Vehicles (SUVs) : Current Law and Legislative Initiatives in the 109th Congress.

Describes tax provision in the Jobs and Growth Tax Relief Reconciliation Act of 2003 that has promoted sales of heavy-duty sport utility vehicles (SUVs). Discusses depreciation of motor vehicles under the Federal tax code, recent growth in demand for SUVs and negative social impact, tax depreciation...

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Bibliographic Details
Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 2006.
Series:	U.S. Congressional Research.
Subjects:	Automobiles. Excise tax. Tax incentives. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
Summary:	Describes tax provision in the Jobs and Growth Tax Relief Reconciliation Act of 2003 that has promoted sales of heavy-duty sport utility vehicles (SUVs). Discusses depreciation of motor vehicles under the Federal tax code, recent growth in demand for SUVs and negative social impact, tax depreciation of SUVs, heavy duty SUV exemption from so-called gas guzzler excise tax, and legislative initiatives in the 109th Congress to modify the SUV tax loophole.
Item Description:	Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource.
Physical Description:	1 online resource.