Guest opinion

Congress should encourage purchases of hybridsU.S. Congressman

Congress should encourage purchases of hybrids

U.S. Congressman

Taxpayers who purchased a new hybrid vehicle in 2003 could claim a tax deduction of up to $2,000 on Form 1040. Unfortunately, this tax deduction for qualified clean-fuel vehicles is set to be reduced incrementally for purchases in 2004, 2005 and 2006 and expire completely on Dec. 31, 2006.
Currently, the tax deduction is available to purchasers of a Toyota Prius, Honda Insight or Honda Civic Hybrid and applied to ex...

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