Plug-in and Save Money?
Californians were among the first to see a tax benefit in owning a hybrid vehicle, but now Texas Congressman Lloyd Doggett is proposing a new tax credit that could be as much as $6,150, for people who buy a new plug-in hybrid. As a member of the Ways and Means committee Doggett actually can influence tax code.
Some may wonder if such a bill is premature, considering that there are no plug-in hybrids currently for sale, though Kicking Tires is reporting that GM may soon be starting production its own – the Volt – as soon by 2010.
For more, see: KickingTires: New Tax Credit for Plug-In Hybrids Proposed.