• PM_Your_Nudes_Please@lemmy.world
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    6 months ago

    Yeah, that corporate tax credit is also why the Ford F-150 is the most commonly purchased vehicle by millionaires and billionaires. It’s the smallest vehicle able to be classified as a work truck, to qualify for tax credits. They can basically deduct the entire cost of the vehicle on their taxes, because they purchase it through a shell corporation (of which they’re the sole owner and operator.)