We see some people post that they may not have $7,500 tax liability to benefit from 7.5K credit available to Leaf buyers. I was intrigued, just like many others, how would anyone who doesn't even pay 7.5K in taxes, be able to afford buying a $32K car.
I did some rough calculations on what a family/individual has to earn to have a minimum of $7,500 in tax liability.
I've taken 3 kinds of owners - people filing jointly (and have 2 children), people filing jointly (no children) and filing individually. In each of these cases I've listed two situations - one where the itemized deduction is higher than standard deduction available and the other where standard deduction is higher. Ofcourse, the income needed to have a minimum of $7,500 in tax liability varies depending on the exact itemized deduction - these are just some examples.