The announcement comes as part of the American Recovery and Reinvestment Act of 2009, which said car buyers could deduct state or local sales or excise taxes incurred when purchasing a new vehicle. Now states without a sales tax - we're looking at you Alaska, Delaware, Hawaii, Montana, New Hampshire and Oregon
-will also qualify.
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The additional deductions cover other, nonsales fees or taxes imposed by state
or local governments that affect a vehicle's ultimate purchase price. To qualify, cars have to be purchased between Feb. 16, 2009, and Jan. 1, 2010. The deduction will only be available on 2009 tax returns. It's also limited to taxes paid on the first $49,500 of the purchase price of a new car, light truck, motor
home or motorcycle, and is available whether or not the taxpayer itemizes deductions.
Michelin: New tire improves mileage, cuts emissions
According to Michelin, its new Energy Saver A/S Tire will get your vehicle up to 8 percent better mileage than other tires in its class, as well as cut your vehicle's CO2 emissions by as much as 2,000 pounds over the life of the tires.
The Energy Saver A/S combines low-rolling resistance technology with wet braking and all-season performance. The tire's composition also allows it to stay cooler, which improves fuel efficiency. As a reference point, the lowrolling-
resistance tires that are standard on the 2010 Toyota Prius can manage about 5 percent better fuel economy than optional 17-inch tires that aren't low-rolling-resistance.
Michelin recommends the tires for drivers who travel less than 10,000 miles per year.
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