We have to point out the significance and impact to this story:

Michigan residents looking to trade in their vehicle for a new one may be in line for a tax break. State lawmakers appear poised to vote to phase out a requirement that buyers pay sales tax on the full price of a car without subtracting the value of their trade-in. Bills are set for votes in the House and Senate today and could reach Gov. Rick Snyder within days. Snyder has already expressed concerns about lost tax revenue, but with legislators deciding to move forward on legislation already this year, it signals that n agreement is within reach. This legislation would apply to the sales of automobiles, watercraft, and RVs.

Wouldn't the impact and significance be the same that it's possible Michigan vehicle buyers could get a tax break?
or how could you differentiate?

3 answers

Yes, for the significance. The impact could be that it would increase sales and manufacturing of new cars.

thanks ms. sue!

You're welcome, Blaze.