Loading ...Making the interest tax deductible makes them more affordable, so demand increases and prices go up, the increase levelling out at the value of the tax deduction, or in reality a bit higher as people love to think they are sticking it to the IRS and will pay for the privilege. And they will pay more for tyres, oil, batteries, servicing, depreciation and insurance.
No Comments
No comments yet.
RSS feed for comments on this post.
Sorry, the comment form is closed at this time.