I just talked to my tax guy today and learn something that blew my mind and also made me gnash my teeth.
You know all those giant pick-up trucks on the road and huge SUVs that people drive to pick up a quart of milk with?
Well, if the drivers are business owners, they are incentivized to buy the larger vehicles. Trucks with 6-foot beds, or full-size SUVs are 100% deductible, while smaller vehicles are not.
This just adds insult to injury to the fact that we are subsidizing fossil fuels to the tune of $11 million dollars a minute around the world.
