Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (166368)	11/22/2008 2:52:08 PM
From: Travis_Bickle	Respond to of 306849

Depends on the tax rate. With a 30% marginal rate the government subsidized 30% of the cost of the car.

To: Lizzie Tudor who wrote (166368)	11/22/2008 4:08:12 PM
From: BWAC	Read Replies (1) \| Respond to of 306849

<that tax cut in the bush tax plan made that escalade practically free. You can take the cost of a 6K lb vehicle off the top of your RECEIPTS. the 6K lb class cars are all bought and paid for with US tax revenue.> What the heck are you talking about? You could take the full 100% depreciation all in one year. Is that taking it "off the top of your RECEIPTS"? Who really cares if the depreciation gets taken all in one year or spread over the normal course of 5 years? End result is the same. If they trade/sell every two years the business owner has to recapture the excess depreciation as income. Don't see how any of that calculates out as free?