Haggerty Auto Group Co-Owner Jerry Haggerty on the car trade-in tax and why it's changing

John Williams

In this Sunday, Feb. 2, 2020, photograph, a long row of unsold 2020 QX50 sports-utility vehicles sits at an Infiniti dealership in Littleton, Colo. (AP Photo/David Zalubowski)

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Haggerty Auto Group Co-Owner Jerry Haggerty joins John Williams to explain the new trade-in tax on cars of $10,000 or more, and why that legislation is being repealed. Jerry answers listeners’ calls on the tax, from loopholes to concerns about double taxation.

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