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- Introduced by Rep. Kenneth Horn (R) on March 25, 2009, to authorize a state income tax deduction for interest paid on a new vehicle purchase.
- Referred to the House Tax Policy Committee on March 25, 2009.
Most Recent Comments
1) Re: 2009 House Bill 4701 (Authorize new vehicle loan interest income tax deduction ) by crisscross on December 20, 2011This would be a lot easier for the car purchasers but I guess we`ll just have to wait and see what happens, if they really decide to implement this regulation feature. I recently bought our family`s new car from Hyundai NH and I never even thought about tax deduction. I have rested my case since were yet to have brought this whole tax deduction thing into discussion. Anyway, I am so pleased with the new car that I really think it`s worth every penny, with or without the tax deduction.
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The taxes for healt insurances and cars are already very big. I am not agree with this idea. asigurari de sanatate
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[quote user="changeagent"]We need real government reform and lower taxes [/quote]
Yet when a tax increase is suggested, (taxing pensions), you support it, or in this case a tax decrease, you are opposed. Who is not a "special interest group" and deserves lower taxes? Just curious.
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