25th May 2008

Drive a Water Powered Car and get a Huge Tax Refund

posted in Truck |
by Steven M

First of all, in case you don’t know, it’s possible to power your car with water, You can actually modify your car to run on water from the comfort of your home with the right guide and the right devices.

A water powered car saves you a ton of money on fuel, and you can actually get an IRS refund for owning one. The beauty of a water powered car is that you can put it together yourself.

By driving “Green Car” also known as a water powered car, you will be helping our National economy by reducing government spends on pollution, hospitals, sick days, etc.

You will help to reduce our national debt in imported oil, and most importantly, reduce the painful price of economic dependability on oil.

Below is word for word text out of the new IRS code, Since 2005 the IRS begun giving considerable rewards for “green” cars, “green” fuels and “green” upgrades.

The maximum deduction you can claim for qualified clean-fuel vehicle property with respect to any motor vehicle is one of the following. You can get up to $2,000 for a car, or up to $50,000 for a truck.

1. A bus with a seating capacity of at least 20 adults (excluding the driver).And, or a truck or van with a gross vehicle weight rating over 26,000 pounds $50,000

2. For a truck or van with a gross vehicle weight rating over 10,000 pounds but not more than 26,000 pounds, $5,000

3. (1) or (2) not included, $2,000 for a vehicle

When setting up your water powered car you must provide receipts that show your costs in installing and setting it up.

With the right information you would only need to spend very little money to install the device in your car that will make it run on water and gas, thereby reducing the consumption of gas. So If you are thinking that it will cost you a fortune to set up water powered cars, think again.

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This entry was posted on Sunday, May 25th, 2008 at 11:26 am and is filed under Truck. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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