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Hybrid SUVs Skip Gas-Guzzler Tax, Still Get Hybrid Credit Thanks To Tax Code Loophole [I Feel Gassy]

jalopnik.com » 2008 » July » 3rd » Hybrid SUVs Skip Gas-Guzzler Tax, Still Get Hybrid Credit Thanks To Tax Code Loophole [I Feel Gassy]

Tagged: yukon hybrid, industry news, consumerist, gmc yukon hybrid, gas prices, tax credit, tahoe hybrid, gas tax, i feel gassy, chrysler aspen hybrid, durango hybrid, hybrid tax credit, chevy tahoe hybrid, dodge durango hybrid, aspen hybrid, gas guzzler tax

GM's two-mode hybrids, the Tahoe and Yukon, along with Chrysler's versions, the Durango and Aspen, have come to an ironic intersection in the tax code: These vehicles are eligible for a hybrid tax credit, yet theoretically should also be hit with the gas-guzzler tax. Does that sound like the world's loopiest loophole to you? We certainly think so. A little history first. Back in '78, when the … Continue Reading »

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