Sales Tax Deduction Encouraging Car Sales

Sales Tax Deduction Encouraging Car Sales

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honda-clarity.jpgA new federal incentive allows car and truck buyers to deduct the sales tax on vehicles purchased between Feb. 17 and the end of the year — just the encouragement some buyers needed to commit to a purchase.

“It’s the first good news the automotive industry has had in long time,” said James T. Fleming, president of the Connecticut Automotive Retailers Association. “I’ve talked to a number of dealers around the state and they said they’ve actually seen an uptick in traffic.” (Read more in the Norwich Bulletin)

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