In case you aren’t already taking optimal advantage of the polluting power of our nation’s sprawling web of highways, the government would like to make your impact even greater by setting you up in a nice gas-guzzling subsidized SUV. A portion of the tax code revised in 2003 gives business owners a huge deduction for up to 30% of a large vehicle’s cost, which can add up to $25,000 in the case of a Hummer – far more than the credit given to individual purchasers of energy-efficient vehicles. Attempts to axe this provision in 2007 failed.
You only get the credit if it seats more than 9 passengers or weighs more than 14,000 pounds, but they don’t really care whether your business actually requires such a vehicle. So, by all means, get the Escalade.