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The 2009 ARRA provided a tax credit for plug-in electric drive conversion kits. The credit is equal to 10% of the cost of converting a vehicle to a qualified plug-in electric vehicle and in service after February 17, 2009. The maximum amount of the credit is $4,000. The credit does not apply to conversions made after December 31, 2011. [274] [293]
A tax credit enables taxpayers to subtract the amount of the credit from their tax liability. [d] In the United States, to calculate taxes owed, a taxpayer first subtracts certain "adjustments" (a particular set of deductions like contributions to certain retirement accounts and student loan interest payments) from their gross income (the sum of all their wages, interest, capital gains or loss ...
Both the Nissan Leaf electric vehicle and the Chevrolet Volt plug-in hybrid, launched in December 2010, are eligible for the maximum $7,500 tax credit. The Toyota Prius Plug-in Hybrid , released in January 2012, is eligible for a $2,500 tax credit due to its smaller battery capacity of 5.2 kWh. [183]
Mortgage insurance is a form of credit insurance, although the name "credit insurance" more often is used to refer to policies that cover other kinds of debt. Many credit cards offer payment protection plans which are a form of credit insurance. Trade credit insurance is business insurance over the accounts receivable of the insured. The policy ...
The first Skyline was introduced on 24 April 1957, at the Takarazuka Theater, in Hibiya, Tokyo, [3] for Fuji Precision Industries, marketed as a luxury car.It featured a 1.5 L (1,482 cc) GA-30 engine (also known as FG4A-30) producing 44 kW (60 hp) at 4,400 rpm, which was previously used in the prototype Subaru 1500, Subaru's first car. [4]
For example, in 1995, 36 states banned or restricted midwifery even though it delivers equally safe care to that by doctors. [154] The regulation lobbied by the AMA has decreased the amount and quality of healthcare, according to the consensus of economists: the restrictions do not add to quality, they decrease the supply of care. [154]
Corporate finance is an area of finance that deals with the sources of funding, and the capital structure of businesses, the actions that managers take to increase the value of the firm to the shareholders, and the tools and analysis used to allocate financial resources.
As a child, Roosevelt learned to ride, shoot, sail, and play polo, tennis, and golf. [8] [9] Frequent trips to Europe—beginning at age two and from age seven to fifteen—helped Roosevelt become conversant in German and French. Except for attending public school in Germany at age nine, [10] Roosevelt was homeschooled by tutors until age 14.