Chevy Volt gets $5,000 Tax Credit
The US Federal Government gives each new hybrid a tax credit of varying amounts - depending on a number of factors. House Resolution 6899 contained a sneaky little provision granting purchases of the Chevy Volt a whopping $5,000 tax credit. That is, to my knowledge, the largest tax credit available for any vehicle. I personally would have liked to see it even higher - I badly want the Volt to succeed. However, the Feds just gave the American public five thousand great reasons to buy a Volt. Score one for GM.
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