Seeking to close what they call the Hummer Tax Loophole, four U.S. representatives introduced legislation June 14 that would stop a tax write-off of up to $25,000 for small businesses buying SUVs weighing more than three tons.
“These are vehicles that small business owners across the country depend on for their way of life,” said Charles Territo, of the Alliance of Automobile Manufacturers. “This effort is an assault on the hardworking men and women who rely on these types of vehicles for a living.”
Reps. Earl Blumenauer, Ed Markey, Rahm Emanuel, and Allison Schwartz disagree and introduced H.R. 2715, now being considered in the House. The tax code allows small-business tax breaks as legitimate expenses, not luxury write-offs, Blumenauer explains. In 1984, when a 6,000-pound cap was set, three-ton luxury vehicles were rare. Now they aren’t. Revising that weight-cap provision, Blumenauer suggests, means “businesses will no longer have an incentive to buy the biggest, most gas guzzling SUV on the market. Legislative language and regulations would guarantee that the limitation not apply to trucks or vans used for legitimate business purposes.”
AIArchitect Contributing Editor Michael J. Crosbie, AIA, was ahead of that curve when he opined in his 2007 New Year’s Resolutions for architects, item 12:
SUV RIP. Stop driving that ridiculous SUV. An architect should not be caught dead in one of the most environmentally destructive vehicles known to man. Sell it and buy something fuel efficient and less dangerous, and improve your chances of being here in 2008!
What do you think?
(And if you’ve read down this far, you deserve a reward, speaking of Mike Crosbie. Take a look at his article earlier this week on Philip Johnson’s Glass House estate, which just opened as a museum.)