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  2. Retirement 2023: 6 Reliable Used Cars Retirees Can Afford - AOL

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    Here are six reliable used cars retirees can afford. Honda Civic. Rated by Kelley Blue Book (KBB) as one of the 10 best used cars under $10,000, retirees are highly recommended to shop the Honda ...

  3. 10 New and Used Cars That Will Help You Save Money in Retirement

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    Honda Civic. Average cost: $9,000 (used) to $23,950 (new) Average combined mpg: 36. “The Civic’s reputation for reliability, coupled with its fuel efficiency, makes it an excellent investment ...

  4. 7 EVs and Hybrid Cars That No Longer Qualify for a Tax Credit ...

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    This affected brands like Tesla, General Motors (GM) and Toyota, meaning that many of their EVs no longer qualified for the tax credit. The Inflation Reduction Act of 2022 introduced price caps ...

  5. Car Allowance Rebate System - Wikipedia

    en.wikipedia.org/wiki/Car_Allowance_Rebate_System

    Program logo The Toyota Corolla was the program's top seller according to U.S. DoT The Ford Explorer 4WD was the program's top trade-in according to the U.S. DoT. The Car Allowance Rebate System (CARS), colloquially known as "cash for clunkers", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel-efficient ...

  6. Government incentives for fuel efficient vehicles in the ...

    en.wikipedia.org/wiki/Government_incentives_for...

    Government incentives for fuel efficient vehicles in the United States. The U.S. Energy Policy Act of 2005 established a federal income tax credit of up to $3,400 for the purchase of new hybrid vehicles, purchased or placed into service after December 31, 2005. [1] [2] Vehicles purchased after December 31, 2010 are not eligible for this credit.

  7. American Recovery and Reinvestment Act of 2009 - Wikipedia

    en.wikipedia.org/wiki/American_Recovery_and...

    $15 billion: Expansion of child tax credit: A $1,000 credit to more families (even those that do not make enough money to pay income taxes). $14 billion: Expanded college credit to provide a $2,500 expanded tax credit for college tuition and related expenses for 2009 and 2010. The credit is phased out for couples making more than $160,000.

  8. Earned income tax credit - Wikipedia

    en.wikipedia.org/wiki/Earned_income_tax_credit

    Graph, 2020 Tax Credit for case of one qualifying child. With one child and parent filing singly or as head of household, as of 2020: Tax credit equals $0.34 for each dollar of earned income for income up to $10,540. For income between $10,540 and $19,330, the tax credit is a constant "plateau" at $3,584.

  9. 8 New or Improved Tax Credits and Breaks for Your 2020 Return

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